Money in Islamic Economics in Allameh Tabatabai's Viewpoint

Money is one of the challenging concepts in economics and its interpretations are as diverse as the economic schools. In this study, we try to understand money, not jurisprudentially, but philosophically. The main question here is the nature of money in the philosophic viewpoint. Our hypothesis, following Allameh Tabatabai’s Etebariat discourse, is that "money is a nominal concept". The nominal perception of money has significant implications for Islamic economics, which we explain in this article. Money is of an ordained, contract, hypothetical and nominal nature, so it is not a commodity. Also it is subject to the vital needs and environmental factors, and changes with them. So the diversity of money forms is authorized and, of course, necessary due to the expansion of needs. Money, in each and every form, should only be created against its real analogue. Furthermore, money is relative, temporary and unnecessary.