Renewable Electricity Certificate of Deposit
شنبه, 14 بهمن 1402 12:00 Certificate of Deposit seo resolution 94
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 The Shariah Committee of the Securities and Exchange Organization of Iran (SEO) released its view on Renewable Electricity Certificate of Deposit.

According to this instrument, electricity is first generated by renewable sources and then distributed in the electricity grid. In this regard, the relevant regulatory institutions in the Ministry of Energy supervise the electricity produced by renewable sources and its amount is confirmed. These certificates are given to people who have produced electricity through renewable sources, and each certificate represents a certain amount of electricity produced through renewable sources by the holder of the certificate.

Issuance of Electricity’s Certificate of Deposit
Since the issuance of the certificate of deposit is significant for storable goods, it is necessary to issue these papers for such goods. In the case of electricity, while it is not storable in general, the issuance of the certificate of deposit based on renewable electricity is not permissible.


Shariah Committee Revision to the Certificate (Issuance of electricity certificate as a Credit Document)
The issuance of the renewable electricity certificate as a document of credit for the holder of the certificate, which shows the holder's credit for a certain amount of electricity is valid. It is worth mentioning that the issuance of this type of paper is not limited just to renewable electricity and can be issued for electricity in general.

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