accordingly, this study attempts to present an effective tool based on the securitized commodity murabahah and to fulfill its feasibility study.  the overall structure of the tool is such that the banks with surplus funds, at first, reallocate their resources to banks in deficit by commodity murabahah program and then convert their demands from those banks to securitized commodity murabahah, an...

Futures contract is one of the most important derivatives that is used in financial markets in all over the world to buy or sell an asset or commodity in the future. Pricing of this tool depends on expected price of asset or commodity at the maturity date. According to this, theoretical futures pricing models try to find this expected price in order to use in the futures contract. So in this ar...

The recent financialization in commodity futures markets has prompted many calls for restricting speculative activity due to its detrimental effect on market quality. One aspect of quality is that new information instantaneously reflected the price. This article studies how affects informational efficiency markets. We document significant temporal and cross-sectional variation 19 based a sample...