PhD Student, Department of Jurisprudence and Principles of Law, Research Institute of Imam Khomeini and Islamic Revolution
10.22034/jpl.2026.736436
Abstract
With-profits bond is one of the modern financial instruments inIslamic system of finance. The issuer of these bonds will be able to offerbenefits or future services to the holders of the bonds while maintaining theoriginal durable property. Therefore, the holders of these bonds will be ableto present the benefits and future services with ease of mind uponaccumulation of small capitals to expand this business. On the other hand,the holders of these bonds will enjoy future benefits and services upon apurposeful program and with cheaper prices. They will be also able totransfer their rights in financial markets. Lease bond is another Islamicfinancial instrument, the holders of which share the joint ownership of theproperty as is. The resulting benefit is thus distributed according to the leasecontract among the issuers or owners of the bonds. Due to some similaritiesin these two types of bonds, some have mistakenly hypothesized that leasebonds shall cover the advantages of with-profits bonds. This paper hasresorted to library research method to review the nature and structure ofwith-profits bonds to highlight the need for issuing these bonds incomparison with the lease bonds
Lashkari Yousefi,A . (2026). “With-profits” Bonds as Modern Islamic FinancialInstruments versus Lease Bonds. (e736436). Jurisprudence and private law, (), e736436 doi: 10.22034/jpl.2026.736436
MLA
Lashkari Yousefi,A . "“With-profits” Bonds as Modern Islamic FinancialInstruments versus Lease Bonds" .e736436 , Jurisprudence and private law, , , 2026, e736436. doi: 10.22034/jpl.2026.736436
HARVARD
Lashkari Yousefi A. (2026). '“With-profits” Bonds as Modern Islamic FinancialInstruments versus Lease Bonds', Jurisprudence and private law, (), e736436. doi: 10.22034/jpl.2026.736436
CHICAGO
A Lashkari Yousefi, "“With-profits” Bonds as Modern Islamic FinancialInstruments versus Lease Bonds," Jurisprudence and private law, (2026): e736436, doi: 10.22034/jpl.2026.736436
VANCOUVER
Lashkari Yousefi A. “With-profits” Bonds as Modern Islamic FinancialInstruments versus Lease Bonds. Jurisprudence and private law. 2026;():e736436 (In Persian). doi: 10.22034/jpl.2026.736436
