Economic Corruption from the Viewpoint of Institutional Islam

Without an unanimous concept in economic corruption that involves examples to measure and observe the status quo, any try to resolving it will be unfruitful. To reach this, any conceptualization should be done under intellectual and value systems. In this research, with a review of current definitions in economic corruption, it was cleared that most of these definitions in traditional economics, because of being affected from capitalist foundations, have been subjected to public section and have several insufficiencies. Based on this and with regard to institutional economics’ approach, the best method for explaining the concept of corruption in any society is the use of norms and institutional and conventional values of that society. Regarding this and referring to institutional religion as a representative of cultural-conventional values in society, shows that in Shiite tradition, unlawful (haram) businesses, because of its’ place in formal and informal institutions, is the most accurate and deepest conceptual equivalent for economic corruption from the viewpoint of Islam. An index was also designed with attention to some of most important examples that was measured in Radavi shrine surrounding structure. Results show that more than half of the economic activities of that part are alluded with corruption.