Eligible financing model for Iran economy; proportionate to resistive economy policies

Document Type : Original Article

Authors

1 Faculty at Payam Noor University,Tehran

2 PhD student of Philosophy, Islamic Azad University, Science and Research Branch

Abstract

The purpose of this study was to investigate the use of sukuk in the financing of defense industries through the explanation of the relationship between Islamic financial instruments (sukuk) and the appropriate method of financing defense industries from the point of view of experts in Iran. The research method is descriptive-analytic. The statistical population of this study is experts in 1396. A simple random sampling method was used for this questionnaire. Based on the sample size, 385 questionnaires were completed and analyzed. The reliability of the questionnaire was obtained from Cronbach's alpha coefficient higher than 0.7. The Kolmogrov-Smirnov test was used to test the normality of the data and to test the hypotheses, structural equations and confirmatory factor analysis were used in SPSS and AMOS software. The results showed that there is a meaningful relationship between Islamic financial instruments (non-profit sukuk, fixed income and fixed yield bonds, expected returns and derivatives bonds) and a suitable method for financing defense industry. The results of the research point to the importance of Islamic financial instruments (Sukuk) regarding the application of the appropriate method for financing defense industries and shows that with the attention and knowledge of Islamic financial instruments (sukuk) they can be used and the financing model Improve.

Keywords