Strategic Studies of Jurisprudence and Law

Strategic Studies of Jurisprudence and Law

The application of Islamic economics in the evaluation of neoliberal monetary policy in Iran

Document Type : research

Authors
1 PhD student in Political Science, Semnan Branch, Islamic Azad University, Semnan, Iran.
2 Assistant Professor, Department of Political Science, Semnan Branch, Islamic Azad University, Semnan, Iran
3 Assistant Professor, Department of Economics, Semnan Branch, Islamic Azad University, Semnan, Iran.
10.22034/ejs.2025.510713.2048
Abstract
Background and Aim: The neoliberal approach dominates Iran's economic, monetary and banking system. In what situations and under what conditions has neoliberal policy-making dominated Iran's economy, and what consequences does it bring, and what contributions can Islamic economics make in this area, are innovative topics that have been discussed in this article.

Materials and Methods: This research is of theoretical type and the research method is descriptive-analytical and the method of data collection is library and has been done by referring to documents, books and articles.

Findings: Self-interest in the prejudiced principles and ideas of neoliberalism seeks techniques that maximize personal/private profit and benefit. The above cases have been institutionalized in Iran's neoliberal economic policy, which has an angle with Islamic economic policy.

Ethical Considerations: In order to organize this research, while observing the authenticity of the texts, honesty and fidelity have been observed.

Conclusion: The economic policy of Islam is to eliminate usury, implement profit and institutionalize zakat, and also deal with extravagance. In terms of methodology, there is a need to reconstruct the three main principles of financial policy and Islamic economy in Iran; 1) monotheism and brotherhood, 2) the principle of work and productivity and 3) increasing the principle of income distribution.
Keywords
Subjects


Articles in Press, Accepted Manuscript
Available Online from 12 May 2025