Ma`rifat-e Eghtesad-e Islami, Volume 11, Issue 1, No 21, Year 2025 , Pages 23-40

    Investigating the Redistribution of Wealth within the Framework of Risk Sharing in Islamic Financial Markets

    Article Type: 
    Research
    Writers:
    Kamran Nadri / Associate Professor of Monetary and Financial Economics Department, Imam Sadegh University / k.nadri@gmail.com
    Mohammad mahdi Askari / Associate Professor of Monetary and Financial Economics Department, Imam Sadegh University / m.askari@isu.ac.ir
    Mohammad Mahdi Zahedi Vafa / Associate Professor of Monetary and Financial Economics Department, Imam Sadegh University / zahedi@isu.ac.ir
    ✍️ Ali Mostafavi Sani / Ph.D. Student of Economic Science, Imam Sadiq University / mostafavisani@isu.ac.ir
    Pages: 23-40 Receive Date: 2025/04/08 Accept Date: 2025/04/08
    Abstract: 
    The rise of economic inequality in the world has left scholars frustrated with current explanations of inequality and, consequently, conventional solutions to reduce economic inequality. In the past few years, following the 2007 crisis, attention has been drawn to the origin of inequalities, and a shift from income inequality to inequality in wealth has occurred. This article investigates the redistribution of wealth within the framework of risk sharing in Islamic financial markets using an analytical method. According to the paper, wealth income, meaning income from property ownership, is one of the key factors in wealth inequality even in the context of optimal market prices. The two determinants of wealth are distortions and distortions of the financial system, and the institutional, regulatory, and governance determinants of financial markets. Although institutional, regulatory, and governance factors can be eliminated by regulation, distortions and disruptions in the financial system stem from the nature and properties of the risk-based financial system. The Islamic model of risk sharing in financial markets is in contrast to the pattern of usury debt and risk transfer. From this point of view, Islamic finance, by moving towards using risk-sharing tools, has provided a basis model for the radical elimination of inequality.
    Keywords: 
    Wealth distribution
    Financial markets
    Risk sharing
    Islamic finance
    Wealth income.
    چکیده و کلیدواژه فارسی (Persian)
    Title :بررسی بازتوزیع ثروت، در چارچوب تسهیم ریسک در بازارهای مالی اسلامی
    Abstract: 
    افزایش نابرابری های اقتصادی در جهان، اندیشمندان را نسبت به تبیین های رایج نابرابری و به تبع، راه حل های متعارف برای کاهش نابرابری اقتصادی ناامید ساخته است. در چند سال گذشته و پس از بحران 2007، توجه به منشأ نابرابری ها زیاد شده و چرخشی از نابرابری در درآمد، به سمت نابرابری در ثروت اتفاق افتاده است. در این مقاله با استفاده از روش تحلیلی به بررسی بازتوزیع ثروت در چارچوب تسهیم ریسک در بازارهای مالی اسلامی می پردازیم. بر اساس یاقته های مقاله، عایدی ثروت، به معنای درآمد ناشی از مالکیت دارایی، یکی از عوامل اساسی نابرابری ثروت حتی در شرایط وجود قیمت بهینه بازار است. دو عامل تعیین کننده‌ی عایدی ثروت، تحریف و اختلال در سیستم مالی و عوامل تعیین کننده‌ی نهادی و نظارتی و حکمرانی در بازارهای مالی می باشند. اگرچه عوامل نهادی، نظارتی و حکمرانی را می توان به وسیله‌ی مقررات گذاری از بین برد، اما تحریف و اختلال در سیستم مالی، ناشی از ذات و طبیعت سیستم مالی مبتنی بر انتقال ریسک است. الگوی اسلامی تسهیم ریسک در بازارهای مالی، در تضاد با الگوی بدهی ربوی و انتقال ریسک است. از این منظر، مالی اسلامی با حرکت در جهت استفاده از ابزارهای منطبق بر تسهیم ریسک، الگویی مبنایی برای حذف ریشه ای نابرابری ارائه داده است.
    Keywords: 
    توزیع ثروت
    بازارهای مالی
    تسهیم ریسک
    مالی اسلامی
    عایدی ثروت
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    APA | MLA | HARVARD | VANCOUVER

    Nadri , Kamran, Askari, Mohammad mahdi, Zahedi Vafa , Mohammad Mahdi , Mostafavi Sani, Ali.(2025) Investigating the Redistribution of Wealth within the Framework of Risk Sharing in Islamic Financial Markets. Ma`rifat-e Eghtesad-e Islami, 11(1), 23-40

    APA | MLA | HARVARD | VANCOUVER

    Kamran Nadri ; Mohammad mahdi Askari; Mohammad Mahdi Zahedi Vafa ; Ali Mostafavi Sani."Investigating the Redistribution of Wealth within the Framework of Risk Sharing in Islamic Financial Markets". Ma`rifat-e Eghtesad-e Islami, 11, 1, 2025, 23-40

    APA | MLA | HARVARD | VANCOUVER

    Nadri , K, Askari, M, Zahedi Vafa , M, Mostafavi Sani, A.(2025) 'Investigating the Redistribution of Wealth within the Framework of Risk Sharing in Islamic Financial Markets', Ma`rifat-e Eghtesad-e Islami, 11(1), pp. 23-40

    APA | MLA | HARVARD | VANCOUVER

    Nadri , K, Askari, M, Zahedi Vafa , M, Mostafavi Sani, A. Investigating the Redistribution of Wealth within the Framework of Risk Sharing in Islamic Financial Markets. Ma`rifat-e Eghtesad-e Islami, 2025; 11(1): 23-40