Principles and Rules Governing the Islamic Financial Institution

Financial institutions today have a tremendous impact on the economy by providing a variety of services, and innovative activities have found a special place in the financial system. The systematic legislation and networks of The Seal of Religions, i.e. Islam, make us believe that the needs and requirements of the present age, along with the cure of the pains and problems of the modern world, can be achieved in the light of adherence to divine commands. In this article, which is exploratory in purpose and descriptive-analytical in substance, a qualitative methodology and Delphi technique have been used to analyze the data and achieve elite consensus. This study expresses the principles and rules governing the activities of the financial institution at the level of the Islamic society so that by observing rules such as paying attention to spiritual values, supporting the creation of real added value, prohibiting the circulation of wealth in the hands of a particular group, creating benefits for all members of society and protecting social capitals, we could accelerate the movement towards the ultimate Islamic civilization. The financial institution at the level of the Islamic system must adhere to certain rules and criteria so that it could be adorned with an Islamic character. Therefore, it is suggested that in designing the Islamic financial system , while observing the rules that govern tools and Islamizing them, markets and institutions be redefined within religious principles and regulations and replace the versions that have a mere Islamic appearance.