The legitimacy of Income-Generating of "Risk-Taking" in Financial Markets in Imamiyyah Jurisprudence

One of the important issues in Islamic finance and banking is elaborating on the role of risk-taking in income generating. Using Martyr Sadr's exploratory method, the present paper addresses the question: can risk-taking lead to income entitlement? In this study, two hypotheses- "the legitimacy of income-generating of risk-taking" and "the direct relationship between the rate of risk-taking and income"- are discussed from the view of Imamiyyah jurisprudence. The research findings indicate that the legitimacy of income- generating of risk-taking can be extracted from analyzing such superstructures as the principle of tax being subject to security, the principle of profit being subject to loss, the principle of non-entitlement of unsecured profit, the principle of mutual implication between profit and loss and the principle of usury prohibition. Furthermore, these superstructures represent a positive relationship between risk variations and profit variations in Imamiyyah Jurisprudence.