Document Type : Research Paper
Authors
1 no
2 Faculty of Economics, Imam Khomeini Educational Institute, Qom
3 Faculty of Economics, Allameh Tabatabaei University, Tehran
Abstract
To enhance the effectiveness of distributive justice policies and address the challenge of unregulated credit creation, this study introduces a smart post-disbursement supervision model tailored to underbanked regions. Developed and analytically assessed within the institutional context of Iran Post Bank, the model integrates three complementary mechanisms: (i) allocation of credit to purpose-specific accounts, (ii) phased fund release based on an Economic Credit Effectiveness Index, and (iii) transaction graph analysis for real-time deviation detection. Employing a mixed-methods approach, model components were derived through expert interviews and validated via Fuzzy Delphi consensus (λ ≥ 0.7). Findings reveal that by operationalizing key Islamic jurisprudential principles—namely, fulfillment of contracts, prohibition of gharar, and avoidance of unjust appropriation—the model effectively bridges technical efficiency with normative legitimacy. Scenario-based simulations using aggregated supervisory data indicate a significant reduction in post-disbursement credit misuse—from approximately 10% to 2–3%—alongside improved supervisory responsiveness. The proposed framework offers a scalable and institutionally adaptable tool for justice-oriented credit governance in Islamic banking systems.
Keywords
- Justice-oriented facility management
- smart supervision
- financial stability
- post-payment supervision
- Islamic banking
Main Subjects
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