Analyzing Concept and Functions of Fairness in the Islamic Economic System and Presenting Some Teachings for Existing Economic Systems

One of the most important concepts and indicators in the Islamic Economic System is fairness. The present study intends to examine this important rule in the economics literature and Islamic texts in order to analyze its various dimensions and aspects. In the present study, the functions of fairness...

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Autores principales:	Mohammad Abdolhosseinzadeh, Seyed Ali Mohamad Najafi Farashah
Formato:	article
Lenguaje:	AR EN TR
Publicado:	Ibn Haldun University 2020
Materias:	Economic System Justice Islamic economics International Economy Social Sciences H Language and Literature P Arts in general NX1-820
Acceso en línea:	https://doaj.org/article/d83088a84aa04962b2d33e5242d4843c
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id	oai:doaj.org-article:d83088a84aa04962b2d33e5242d4843c
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spelling	oai:doaj.org-article:d83088a84aa04962b2d33e5242d4843c2021-11-18T17:44:19ZAnalyzing Concept and Functions of Fairness in the Islamic Economic System and Presenting Some Teachings for Existing Economic Systems10.36657/ihcd.2020.632651-379Xhttps://doaj.org/article/d83088a84aa04962b2d33e5242d4843c2020-01-01T00:00:00Zhttps://journal.ihu.edu.tr/index.php/ihu1/article/view/86https://doaj.org/toc/2651-379XOne of the most important concepts and indicators in the Islamic Economic System is fairness. The present study intends to examine this important rule in the economics literature and Islamic texts in order to analyze its various dimensions and aspects. In the present study, the functions of fairness are described in four field in the legal system of economy, international trade, transactions and banking. The added value of the present research is that fairness is one of the policy instruments for evaluating and monitoring the Economic System performance. Finally, some teachings of this important rule are presented to improve domestic and international Economic Systems. Institutionalizing and realizing fairness in the Economic System leads to the justice of the information system, reduce the control cost, realize the fair system of information flow in order to secure the right, fairness in determining the production profit or the added value of commodity, resolve the problem of transparency and symmetry of information in financial markets, the social balance in economic issues, improve the accountability in Economic System.Mohammad AbdolhosseinzadehSeyed Ali Mohamad Najafi FarashahIbn Haldun UniversityarticleEconomic SystemJusticeIslamic economicsInternational EconomySocial SciencesHLanguage and LiteraturePArts in generalNX1-820ARENTRİbn Haldun Çalışmaları Dergisi, Vol 5, Iss 1 (2020)
institution	DOAJ
collection	DOAJ
language	AR EN TR
topic	Economic System Justice Islamic economics International Economy Social Sciences H Language and Literature P Arts in general NX1-820
spellingShingle	Economic System Justice Islamic economics International Economy Social Sciences H Language and Literature P Arts in general NX1-820 Mohammad Abdolhosseinzadeh Seyed Ali Mohamad Najafi Farashah Analyzing Concept and Functions of Fairness in the Islamic Economic System and Presenting Some Teachings for Existing Economic Systems
description	One of the most important concepts and indicators in the Islamic Economic System is fairness. The present study intends to examine this important rule in the economics literature and Islamic texts in order to analyze its various dimensions and aspects. In the present study, the functions of fairness are described in four field in the legal system of economy, international trade, transactions and banking. The added value of the present research is that fairness is one of the policy instruments for evaluating and monitoring the Economic System performance. Finally, some teachings of this important rule are presented to improve domestic and international Economic Systems. Institutionalizing and realizing fairness in the Economic System leads to the justice of the information system, reduce the control cost, realize the fair system of information flow in order to secure the right, fairness in determining the production profit or the added value of commodity, resolve the problem of transparency and symmetry of information in financial markets, the social balance in economic issues, improve the accountability in Economic System.
format	article
author	Mohammad Abdolhosseinzadeh Seyed Ali Mohamad Najafi Farashah
author_facet	Mohammad Abdolhosseinzadeh Seyed Ali Mohamad Najafi Farashah
author_sort	Mohammad Abdolhosseinzadeh
title	Analyzing Concept and Functions of Fairness in the Islamic Economic System and Presenting Some Teachings for Existing Economic Systems
title_short	Analyzing Concept and Functions of Fairness in the Islamic Economic System and Presenting Some Teachings for Existing Economic Systems
title_full	Analyzing Concept and Functions of Fairness in the Islamic Economic System and Presenting Some Teachings for Existing Economic Systems
title_fullStr	Analyzing Concept and Functions of Fairness in the Islamic Economic System and Presenting Some Teachings for Existing Economic Systems
title_full_unstemmed	Analyzing Concept and Functions of Fairness in the Islamic Economic System and Presenting Some Teachings for Existing Economic Systems
title_sort	analyzing concept and functions of fairness in the islamic economic system and presenting some teachings for existing economic systems
publisher	Ibn Haldun University
publishDate	2020
url	https://doaj.org/article/d83088a84aa04962b2d33e5242d4843c
work_keys_str_mv	AT mohammadabdolhosseinzadeh analyzingconceptandfunctionsoffairnessintheislamiceconomicsystemandpresentingsometeachingsforexistingeconomicsystems AT seyedalimohamadnajafifarashah analyzingconceptandfunctionsoffairnessintheislamiceconomicsystemandpresentingsometeachingsforexistingeconomicsystems
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Analyzing Concept and Functions of Fairness in the Islamic Economic System and Presenting Some Teachings for Existing Economic Systems

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