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Justice Criteria in Financial Processes Based on the Quran

Authors: Seyyed Mehdi Moallemi;

Justice Criteria in Financial Processes Based on the Quran

Abstract

As one of the most important goals and values in Islamic economics, justice has an important role in Islamic financial system. When the financial system is fair, the three levels of origin (primarily financial possibilities), process (the relationship and financial processes) and results (outcome and result of the financial system) are based on justice. The justice in the relationship and financial processes is of special importance. This paper is based on Islamic teachings of the Quranic-centered approach, and aims to discover standards of justice in contracts and financial processes. The content analysis method used for the Quranic interpretation of ijtihad (comprehensivedecision) on various aspects of the issue. The survey examined the holy Quran, Hadith, jurisprudence rules and interpretations and concluded that the criteria of justice in the financial processes in the Quran are: the state of non-usury of contracts, non-prejudicial, not deviating from the provisions of the contract, distribution risk between the parties, and non-disruptive speculation and gambling.

Keywords

financial justice, financial system, Philosophy. Psychology. Religion, BP1-253, B, justice criteria, processing justice, Islam, justice

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
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