Contemporary Jurisprudence

Discussed in a Roundtable with Hujjaj al-Islam Sayyed Hossein Mirmoezzi, Gholamreza Mesbahi Moghaddam, and Majid Rezaei Davani:

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A scholarly-promotional session on the topic of “The Definition and Method of the Economic Madhhab (School of Thought) of Islam” was held virtually on Saturday, November 27, 2021, by the Economics Department of the Research Center for Islamic Systems at the Islamic Culture and Thought Research Institute. In this session, which was moderated by Hujjat al-Islam wal-Muslimin Ahmad Ali Yousefi, Hujjat al-Islam wal-Muslimin Dr. Sayyed Hossein Mirmoezzi presented the discussion. The critics of this session were Hujjat al-Islam wal-Muslimin Dr. Gholamreza Mesbahi Moghaddam and Hujjat al-Islam wal-Muslimin Dr. Majid Rezaei Davani. A detailed report of this session follows for your review:🔻 Read more …

A Faculty Member of the "Islamic Economics" Department at the Islamic Culture and Thought Research Institute:

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Hujjat al-Islam wal-Muslimin Sayyed Hossein Mirmoezzi has been engaged in research and teaching in the field of Islamic economics and economic jurisprudence since the 1990s, when he began his studies in economics at Mofid University. One of his most important books in the field of Islamic economics is the book Philosophy of Islamic Economics, which was published by the Islamic Culture and Thought Research Institute press and also brought him awards. Mehr News Agency arranged an interview with him regarding this book, which you will now read. It is worth mentioning that this interview was conducted during the final stages of the research for this book and before its publication.
View the full text of the interview: 🔻 Read more …

Hujjat al-Islam wal-Muslimin Sayyed Hossein Mirmoezzi Explained:

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Hujjat al-Islam wal-Muslimin Sayyed Hossein Mirmoezzi was born in Tehran in 1961. After receiving his high school diploma, he was accepted into the Mechanical Engineering program at Polytechnic University. After leaving the university, he entered the Qom Seminary in 1983. After completing the intermediate level (saṭḥ), he attended the classes of Ayatollahs Tabrizi, Vahid Khorasani, Zanjani, and Mousavi Ardebili. His university education continued in the field of economics at Mofid University up to the master’s level. Collaboration with the Fiqh and Economic System group at the Islamic Culture and Thought Research Institute, directorship of the Economics department, presidency of the Research Center for Islamic Systems, as well as teaching advanced-level seminary courses are among his academic and research activities. Several books and articles have been published by him, examples of which include Islam and Economic Challenges, Philosophy of Islamic Economics, Macroeconomics with an Islamic Perspective, and The Macro-Structure of the Islamic Economic System. He is currently a faculty member of the “Islamic Economics” department at the Islamic Culture and thought Research Institute and the director of the Research Center for Strategic Studies of the Seminary and the Clergy. We spoke with him about economics and its impact on the Islamic lifestyle, the full text of which follows: Read more …

Hujjat al-Islam wal-Muslimin Gholamreza Mesbahi Moqadam Explained:

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A few years ago, Ayatollah Seyed Mohammad Javad Alavi Boroujerdi, a lecturer of advanced jurisprudence (fiqh) and its principles (usul) at the Qom Seminary, denied the existence of a school of thought called the Islamic School of Economics, emphasizing that Islam did not design an economic school of thought. In the interim, various opinions in agreement or opposition to this theory were put forth. One of the opponents of this theory is Hujjat al-Islam wal-Muslimin Gholamreza Mesbahi Moqadam, a professor at the Faculty of Economics at Imam Sadiq (AS) University. In an interview with Fars, he explained the differences between the theoretical foundations of capitalist economics and Islamic economics and elucidated the characteristics of the Islamic School of Economics and its difference from the science of economics. The full text of this conversation follows for your review: Read more …

Examined in a Debate between Ayatollah Alavi Boroujerdi and Dr. Khosropanah:

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Ayatollah Alavi Boroujerdi, a professor of advanced jurisprudence (fiqh) and its principles (usul) at the Qom Seminary, had made some statements regarding Islamic economics in an interview, which prompted reactions in the seminary. Among these reactions were the words of Hujjat al-Islam wal-Muslimin Khosropanah, a professor at the Qom Seminary, who refuted Professor Alavi Boroujerdi’s statements and requested a scholarly dialogue and debate with him. In March 2021, this scholarly dialogue was held between the two professors, the full text of which you will read below:
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Dean of the Faculty of Management and Economics at the University of Qom Explained:

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The third session of Islamic Economics at the Imam Muhammad Baqir (AS) Fiqh School, on the topic of “The Relationship between Fiqh and the Science of Economics,” was presented by Hujjat al-Islam wal-Muslimin Dr. Sayyed Hadi Arabi, Dean of the Faculty of Management and Economics at the University of Qom and author of the books Foundations of Islamic Economics and Money and Banking with an Islamic Approach. The session was held in March 2021 with the attendance of seminarians and scholars. What follows is a detailed report of the topics discussed in this session. Read more …

Hujjat al-Islam wal-Muslimin Ahmad Ali Yousefi, Faculty Member of the Economics Department at the Islamic Culture and Thought Research Institute:

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Hujjat al-Islam wal-Muslimin Ahmad Ali Yousefi is considered one of the pioneers of economic jurisprudence and Islamic economics in the religious seminaries. For over 30 years, he has been teaching and researching Islamic economics. In a conversation with Rahnama, he analyzes the various dimensions of Islamic economics. According to this faculty member of the Islamic Culture and Thought Research Institute, the nature of institutions like banks is based on money creation, which is definitively forbidden (haram); therefore, such institutions should fundamentally not exist in the Islamic economic system. The full text of this conversation follows for your review: 🔻
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A Researcher on the Works of the Late Mohammad Hossein Tehrani Stated in an Exclusive Interview with Fiqh-e Mo'aser (Contemporary Jurisprudence):

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The late Ayatollah Sayyid Muhammad Husayn Husayni Tehrani, although more renowned for a particular school in philosophy and mysticism (‘irfan), also possessed unique foundations in other Islamic and human sciences. One of these foundations pertains to the issue of economics. The late Tehrani, who was known for his uncompromising adherence to the sacred texts and not deviating from them, continued on this same path in economics. According to one of his students, he would by no means compromise on the economic principles set forth in the Quran and the Sunnah. In this exclusive interview, Hujjat al-Islam Mohammad Reza Karimi speaks about the economic dimensions of the late Tehrani’s theories.
The full text of the interview by Fiqh-e Mo’aser with the researcher on the works of the late Mohammad Hossein Tehrani follows for your review: 🔻 Read more …

A Faculty Member of the Economics Department at the Imam Khomeini Institute Explained in an Exclusive Interview with Fiqh-e Mo'aser (Contemporary Jurisprudence):

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In terms of existing writings in Shia and Sunni jurisprudence, economic jurisprudence (fiqh al-iqtisad) is ahead of many other chapters of fiqh. This very fact makes its entry into the international arena easier and more accessible than other jurisprudential domains. Here, the question arises: does Islamic economic jurisprudence fundamentally possess a significant and serious advantage over other economic schools of thought, enabling it to be considered an important economic school or body of economic law in the international arena? Hujjat al-Islam wal-Muslimin Mohammad Javad Qasemi Asl Estahbanati considers the greatest competitive advantage of Islamic economic jurisprudence to be its treasure trove of usuli maxims (principles of jurisprudence), jurisprudential maxims (qawa’id fiqhiyyah), and jurisprudential rulings, which emanate from the inexhaustible source of revelation. This professor and researcher of economic jurisprudence, however, believes that the internationalization of Islamic economic jurisprudence depends on taking certain steps, which he has detailed in this interview. The full text of the exclusive interview by Fiqh-e Mo’aser with this faculty member of the Economics Department at the Imam Khomeini Education and Research Institute follows for your review: 🔻
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Ahmad Ershad

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Economic jurisprudence (fiqh al-iqtisad) is so vast and complex that even in traditional jurisprudence (fiqh), it encompasses nearly ten distinct chapters. Within this field, the maxims of economic jurisprudence also contribute significantly to making this domain of fiqh more disciplined and systematic. One of the important spheres of economic jurisprudence, which also plays a major role in the contemporary global economy, is the sphere of financing. In this exclusive note, Hujjat al-Islam Ahmad Ershad, a researcher in economic jurisprudence, analyzes the jurisprudential maxims of financing. The connection between these maxims and the Islamic economic system is one of the fascinating and less-discussed points of his note.
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