For determining the profit in transactional contracts, there is no a comprehensive theory. Some viewpoints are very general and others are based on exchange rate of return, which contain speculative difficulties. Some others use international Libor rate and so on. Due to the lack of a consistent theory, this paper is introducing shadow cost approach to fill the gap in question. This is indeed going to estimate capital return or opportunity cost of capital. Introducing an efficient method is the main finding of this paper. In terms of methodology, this paper is based on statistical analysis and econometric methods.

Keywords: L30, L30, Profit rate, Transactional contracts, Islamic banking, Iranian economy JEL Classification: G 21

Full-Text [PDF 242 kb]   (2800 Downloads)