{"id":2979,"date":"2020-02-03T20:04:45","date_gmt":"2020-02-03T21:04:45","guid":{"rendered":"https:\/\/madaresharghi.ir\/en\/?p=2979"},"modified":"2020-02-03T20:04:47","modified_gmt":"2020-02-03T21:04:47","slug":"irenex-offers-salaf-contracts-to-finance-oil-project","status":"publish","type":"post","link":"https:\/\/madaresharghi.ir\/en\/irenex-offers-salaf-contracts-to-finance-oil-project\/","title":{"rendered":"IRENEX Offers Salaf Contracts to Finance Oil Project"},"content":{"rendered":"\n<p>Standard parallel salaf contracts worth 2.5 trillion rials ($20  million) will be offered on the Iran Energy Exchange on Tuesday to  finance Azar Oilfield projects.\u00a0<\/p>\n\n\n\n<p>\n\tSecurities mature in one year and can be traded in put and call option \ncontracts. The interest rate for put option is 18.5% and&nbsp; for call \noption 19%. Interest will be paid on maturity date.&nbsp;<\/p>\n\n\n\n<p>\n\tA call option gives the holder the right to buy a stock and a put option gives the holder the right to sell a stock.<\/p>\n\n\n\n<p>\n\tThe contracts are backed by light crude oil produced from the oilfield, the Securities and Exchange News Agency reported.&nbsp;&nbsp;<\/p>\n\n\n\n<p>\n\tStandard parallel salaf is an Islamic contract similar to futures, with\n the difference being that the contract\u2019s total price must be paid in \nadvance.&nbsp;<\/p>\n\n\n\n<p>\n\tSalaf securities will be offered on the derivatives market of the \nenergy bourse.&nbsp; The move is part of the fiscal budget (March 2019-20) \nwhich allows the government to issue such instruments up to $3 billion \n(in rials and foreign currency) to finance oil projects.&nbsp;<\/p>\n\n\n\n<p>\n\tEarnings from bonds will be used to repay the principal amount plus \ninterest of matured bonds, reimburse liabilities to banks and pay \ncontractors.<\/p>\n\n\n\n<p>\n\tIRENEX is a commodity exchange in Iran in which physical energy \ncarriers (oil, gas, electricity) and commodity based securities are \nexchanged.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Standard parallel salaf contracts worth 2.5 trillion rials ($20 million) will be offered on the Iran Energy Exchange on Tuesday to finance Azar Oilfield projects.\u00a0 Securities mature in one year and can be traded in put and call option contracts. The interest rate for put option is 18.5% and&nbsp; for call option 19%. Interest will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2980,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,8,6],"tags":[1021,1020,639,56],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IRENEX Offers Salaf Contracts to Finance Oil Project - madaresharghi | An Analytical Look at Middle Eastern Developments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/madaresharghi.ir\/en\/irenex-offers-salaf-contracts-to-finance-oil-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IRENEX Offers Salaf Contracts to Finance Oil Project - madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"og:description\" content=\"Standard parallel salaf contracts worth 2.5 trillion rials ($20 million) will be offered on the Iran Energy Exchange on Tuesday to finance Azar Oilfield projects.\u00a0 Securities mature in one year and can be traded in put and call option contracts. The interest rate for put option is 18.5% and&nbsp; for call option 19%. Interest will [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/madaresharghi.ir\/en\/irenex-offers-salaf-contracts-to-finance-oil-project\/\" \/>\n<meta property=\"og:site_name\" content=\"madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-03T21:04:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-03T21:04:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/madaresharghi.ir\/en\/wp-content\/uploads\/OilBarrels.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"320\" \/>\n\t<meta property=\"og:image:height\" content=\"240\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"1 minute\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/#website\",\"url\":\"https:\/\/madaresharghi.ir\/en\/\",\"name\":\"madaresharghi | An Analytical Look at Middle Eastern Developments\",\"description\":\"madaresharghi | An Analytical Look at Middle Eastern Developments\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/madaresharghi.ir\/en\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/irenex-offers-salaf-contracts-to-finance-oil-project\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/madaresharghi.ir\/en\/wp-content\/uploads\/OilBarrels.jpg\",\"width\":320,\"height\":240,\"caption\":\"Oil madaresharghi\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/irenex-offers-salaf-contracts-to-finance-oil-project\/#webpage\",\"url\":\"https:\/\/madaresharghi.ir\/en\/irenex-offers-salaf-contracts-to-finance-oil-project\/\",\"name\":\"IRENEX Offers Salaf Contracts to Finance Oil Project - madaresharghi | An Analytical Look at Middle Eastern Developments\",\"isPartOf\":{\"@id\":\"https:\/\/madaresharghi.ir\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/madaresharghi.ir\/en\/irenex-offers-salaf-contracts-to-finance-oil-project\/#primaryimage\"},\"datePublished\":\"2020-02-03T21:04:45+00:00\",\"dateModified\":\"2020-02-03T21:04:47+00:00\",\"author\":{\"@id\":\"https:\/\/madaresharghi.ir\/en\/#\/schema\/person\/c52e345120843d5f259215c4e809cdd2\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/madaresharghi.ir\/en\/irenex-offers-salaf-contracts-to-finance-oil-project\/\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/#\/schema\/person\/c52e345120843d5f259215c4e809cdd2\",\"name\":\"administrator\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/901309319175b0d219e688b01909d220?s=96&d=mm&r=g\",\"caption\":\"administrator\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts\/2979"}],"collection":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/comments?post=2979"}],"version-history":[{"count":1,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts\/2979\/revisions"}],"predecessor-version":[{"id":2981,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts\/2979\/revisions\/2981"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/media\/2980"}],"wp:attachment":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/media?parent=2979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/categories?post=2979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/tags?post=2979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}