In this paper is providing a proof for existing gap between theory
and practice in the monetary policy of Islamic economic system
based on studying a case of Islamic Republic of Iran. The Iranian
monetary policy makers using widely participation p
aper as a dualinstrument
for monetary control and finance the investing &
infrastructure projects. In addition, the central bank of Iran using
profit rate effectively due to its monetary policy.
The aim of the study is to examine the impact of using
Sharia-compliant monetary policy tools and mechanisms, such as
the recent Islamic participation certificates " Shahama, Sarh,
Shehab, which has influenced the macroeconomic variables in the
S
udanese economy, As well as low inflation rates.
