Usury and Islamic Banking: Jurisprudential-Legal Examination and Strategies for Poverty and Inequality Reduction

December 19, 2025The Fundamental Researches in Law فصلنامه پژوهش های بنیادین در حقوقOpen Access

View Full Paper

Ask AI

Bookmark

Share

Key Points

The research aims to analyze the effects of usury on poverty and inequality in Islamic societies and propose solutions for economic justice.
Qualitative descriptive-analytical study using primary jurisprudential sources (Quran, narratives) and secondary legal frameworks (Iranian laws, Islamic banking experiences).
Comparative analysis of usurious and participatory financial systems.
Identified alternative sharia-compliant contracts that eliminate guaranteed usurious profit and promote profit-loss sharing.
Legal deterrents like imprisonment and fines are effective in combating usurious contracts.
Comprehensive implementation of solutions can eradicate usury, enhance justice, reduce poverty, and foster sustainable development.

Qualitative analysis examines the impact of usury on income inequality in Islamic societies, suggesting strategies for economic justice.

No abstract yet. The journal hasn't published one we can show.

No takes yet. Share an insight, caveat, or question.

Hamid Vafaei (2025) studied this question.

View Full Paper

Ask AI

Bookmark

Share