Study of Iran's social-Islamic banking with an emphasis on the sociology of money

Subject Areas :

Mohammadreza Yazdanpanah ¹ , Keramatollah Rasekh ² , Majidreza Karimi ³

1 - PhD student in Political Sociology, Jahrom Branch, Islamic Azad University, Jahrom, Iran
2 - Associate Professor and Faculty Member of Sociology Department, Jahrom Branch, Islamic Azad University, Jahrom, Iran
3 - Assistant Professor and Faculty Member of Sociology Department, Jahrom Branch, Islamic Azad University, Jahrom, Iran

Received: 2023-06-25 Accepted : 2023-06-25 Published : 2023-02-20

Keywords: profitability, شریعت, environment, زیست محیط, مردم, people, سوددهی, sharia, بانکداری اسلامی- اجتماعی, Islamic-social banking,

Abstract :

To determine the sociology of money, it is better to study the works in two basic dimensions. The first dimension of the structural views (micro and macro) related to the pattern of roles and relationships of subjects, in the micro sector, money is exchanged between people like an object, and in the macro sector, according to the policy and legal mechanisms governing the trade of the market. In the micro part, it is the beliefs and behaviors of people in relation to money, and in the macro part, it includes the civic values ​​of society and religion. Islamic banking is implemented according to Sharia or Islamic laws, and its aim is to achieve social development through moral investment. The present study attempted to investigate the extent to wich the banking system in Iran was consistent with the principles of Islamic-social banking. This current study belongs to quantitative research and survey type. To collect the required data, 91 heads and deputies of Sepah Bank and former Ansar Bank branches in Shiraz participated in this project. To analyze the data, such descriptive statistics as frequency distribution, graphs, etc, and the inferential test (one-sample t-test) were used. The results of one-sample t-test showed that the banking system of Iran was based on Islamic laws and affected social affairs and people. While it led to profitability, it did not care about environmental issues.