{"id":13798,"date":"2026-02-10T16:36:10","date_gmt":"2026-02-10T13:06:10","guid":{"rendered":"https:\/\/irvc.ir\/?p=13798"},"modified":"2026-02-10T16:36:14","modified_gmt":"2026-02-10T13:06:14","slug":"the-first-meeting-of-the-jurisprudential-legal-council-of-the-iran-venture-capital-association-held","status":"publish","type":"post","link":"https:\/\/irvc.ir\/en\/the-first-meeting-of-the-jurisprudential-legal-council-of-the-iran-venture-capital-association-held\/","title":{"rendered":"The First Meeting of the Jurisprudential\u2013Legal Council of the Iran Venture Capital Association Held"},"content":{"rendered":"

The first meeting of the Jurisprudential\u2013Legal Council of the Iran Venture Capital Association (IVCA) was held with the participation of respected jurists representing Grand Ayatollahs, alongside prominent legal experts in the field of technology, as well as managers and researchers active in the financial and innovation ecosystem.<\/p>

At the beginning of the meeting, the President of the Iran Venture Capital Association welcomed the members of the Council and emphasized the necessity of establishing this specialized body to foster synergy between Islamic jurisprudence, legal frameworks, and the evolving needs of the innovation and venture capital ecosystem. He expressed hope that the outcomes of these sessions would contribute to enhancing the quality, efficiency, and legitimacy of financial instruments used in the knowledge-based sector.<\/p>

During the session, the Ja\u2018alah<\/em> contract\u2014one of the financing instruments utilized by Research and Technology Funds for providing facilities through the credit line of the Innovation and Prosperity Fund\u2014was reviewed from both jurisprudential and legal perspectives. Members of the Council underscored the nature of Ja\u2018alah<\/em> as a \u201cpayment in return for the actual performance of a specified task\u201d and highlighted the importance of aligning practical implementation of contracts with the jurisprudential requirements of this contract type.<\/p>

In this context, several existing operational challenges related to discrepancies between current practices and the authentic definition of Ja\u2018alah<\/em> were discussed. The Council also emphasized the need for greater transparency regarding the subject matter of contracts, clear differentiation among contractual models, and the formulation of explicit guidelines for changing the subject or type of contracts during the financing process.<\/p>

In conclusion, the Council agreed that redesigning and updating contractual frameworks of Research and Technology Funds, while simultaneously considering jurisprudential and legal considerations, can enhance the legitimacy, efficiency, and reliability of financing instruments for knowledge-based companies. The review of other contractual structures and innovation financing instruments has been placed on the Council\u2019s future agenda.<\/p>

\"\"<\/figure>\n\n
\"\"<\/figure>\n\n
\"\"<\/figure>\n\n
\"\"<\/figure>\n\n
\"\"<\/figure><\/figure>

<\/p>","protected":false},"excerpt":{"rendered":"

The first session of the Sharia\u2013Legal Council of the Iranian Venture Capital Association was held with the participation of prominent jurists, legal experts in technology, and leaders of the financial and innovation ecosystem. The meeting focused on fostering synergy between Sharia, law, and the needs of the venture capital ecosystem, with a detailed review of the \u201cJalah\u201d contract. Members emphasized aligning contract practices with Sharia principles and discussed operational challenges, contract templates, and guidelines for modifications. The session concluded that updating contract frameworks with Sharia and legal considerations can enhance the legitimacy, efficiency, and reliability of financing instruments, while further reviews of other contracts and innovation financing tools will continue in future meetings. … <\/i>Read more<\/span><\/a><\/p>\n","protected":false},"author":18944,"featured_media":13778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[193],"tags":[363,364,365,361,368,369,367,362,366,194],"class_list":["post-13798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-foreign-investment-iran","tag-innovation-in-iran","tag-investment-opportunities-in-iran","tag-iran-venture-capital","tag-startup-ecosystem","tag-startup-fundraising","tag-startup-investment","tag-startup-investment-iran","tag-venture-capital","tag-venture-capital-association"],"_links":{"self":[{"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/posts\/13798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/users\/18944"}],"replies":[{"embeddable":true,"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/comments?post=13798"}],"version-history":[{"count":1,"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/posts\/13798\/revisions"}],"predecessor-version":[{"id":13799,"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/posts\/13798\/revisions\/13799"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/media\/13778"}],"wp:attachment":[{"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/media?parent=13798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/categories?post=13798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/tags?post=13798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}