The Mechanism of Social Security in Islamic Approach

Social security is one of the major topics of current economic systems. In most developed countries between one forth to one third of national gross output and major part of government's budget is allocated to this affair. However, current models of social security which mainly developed in the context of ideological bases and the historical conditions of capitalistic societies, have confronted many problems such as ensuring financial resources. Using an analysis-descriptive method, this paper seeks to investigate the characteristics of excellent model Islamic social security in contrast with the current models of social security. According to the proposition of paper, achieving the aims of social security proposed by Islamic approaches primarily depends on the justice of economic system and preventing the challenges which pave the way for the interference of social security organizations. The responsibility of current cases under the authority of social security systems, is shouldered by not only government but all people and individuals, as well. The findings show that the Islamic approach to social security can be achieved by using triple mechanism: private preparation, public support and government, each of which has different existential philosophy. The success of social security system and its financial stability depends on placing each of these three in its proper position and suitable function of them in relation with one another.