“Revivalism of the Islamic traditions” is one of the
main issues that need to be considered seriously in the Islamic society.
Traditions can solve many problems of the society if they become
widespread in the society. Endowment is one of these traditions.
Endowment is one of the main legal and economic institutions; the
current situation of our society entails the need to broaden the borders
of endowments and consider the new instruments in this regard. With
regard to the day to day increase of the firms as one of the necessities
of the society, their stocks can be considered as a potential endowment.
This research studies endowment, endowment
management, and the endowment of stocks from the perspective of the
Jafari jurisprudence. Then a financial model is presented. Finally some
suggestions for further researches are made as follows:
1- With concentration on the definition of
endowment and the tradition of the Holy Prophet and the Imams,
endowments would get more inclusive.
2- With the
establishment of the endowment funds their usage can be improved.
Jurisprudence, Endowment, stocks, Endowment of