A Criticism of Usury-Free Banking Theory from Idea to Implementation in Iran (With Emphasis on Usury-Free Banking Law)

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MEHRABANPOUR MOHAMMAD REZA; MUSAVIAN SEYED ABBAS; HESHMATI MOHAMMAD RASOUL

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Journal: JOURNAL OF CRITICAL LITERATURE AND HUMANITIES Year:2019 | Volume:19 | Issue:9 Page(s): 211-236

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Information Journal Paper

Title

A Criticism of Usury-Free Banking Theory from Idea to Implementation in Iran (With Emphasis on Usury-Free Banking Law)

Author(s)

MEHRABANPOUR MOHAMMAD REZA | MUSAVIAN SEYED ABBAS | HESHMATI MOHAMMAD RASOUL | Issue Writer Certificate

Keywords

CriticismQ1

SadrQ1

Usury-Free BankingQ1

Qualitative Content AnalysisQ2

Abstract

After the Islamic revolution, one of the most important actions that was implemented in the country was removing usury from the banking system according to Sadr theory. This theory was the base of writing Usury-Free Banking law in 1982. But, after passing about four decades of Islamic revolution, the performance of banking system was criticized by economic experts. In this paper with review-analysis method, we survey on Usury-Free Banking law and then with Qualitative Content Analysis method and using semi-structured interview, 118 meaning units, 25 concepts, and 8 categories named structure Criticism about performance of Usury-Free Banking were extracted. Ultimately, some suggestions to improve the performance of Usury-Free Banking system have been offered.

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APA: Copy

MEHRABANPOUR, MOHAMMAD REZA, MUSAVIAN, SEYED ABBAS, & HESHMATI, MOHAMMAD RASOUL. (2019). A Criticism of Usury-Free Banking Theory from Idea to Implementation in Iran (With Emphasis on Usury-Free Banking Law). JOURNAL OF CRITICAL LITERATURE AND HUMANITIES, 19(9 ), 211-236. SID. https://sid.ir/paper/235078/en

Vancouver: Copy

MEHRABANPOUR MOHAMMAD REZA, MUSAVIAN SEYED ABBAS, HESHMATI MOHAMMAD RASOUL. A Criticism of Usury-Free Banking Theory from Idea to Implementation in Iran (With Emphasis on Usury-Free Banking Law). JOURNAL OF CRITICAL LITERATURE AND HUMANITIES[Internet]. 2019;19(9 ):211-236. Available from: https://sid.ir/paper/235078/en

IEEE: Copy

MOHAMMAD REZA MEHRABANPOUR, SEYED ABBAS MUSAVIAN, and MOHAMMAD RASOUL HESHMATI, “A Criticism of Usury-Free Banking Theory from Idea to Implementation in Iran (With Emphasis on Usury-Free Banking Law),” JOURNAL OF CRITICAL LITERATURE AND HUMANITIES, vol. 19, no. 9 , pp. 211–236, 2019, [Online]. Available: https://sid.ir/paper/235078/en

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