Who wrote the law of banking activity without interest? In 1361, at the behest of Hussein Namazi, then the Minister of Economy and Finance, a group was tasked with drafting the law. Namazi, an economics student at the University of Innsbruck in Austria, wrote his doctoral thesis on zakat. His interest in Islamic economics arose before the revolution and during his studies in Europe, and later he entered the policy arena in the position of the Ministry of Economy. As minister, he oversaw the development of a new framework and a group of economists, bankers and lawyers came together to draft the law. The academic backgrounds of the members of this group were not the same, but it is clear that none of the people whose names we know specialized in monetary policy and banking science. Iraj Tutochian, an economics student at Texas A&M University, was one of those who followed Islamic economic thought in the university environment before the revolution. His doctoral thesis was devoted to "Sustainable products, investments and family financial cooperatives in the Islamic framework". Tutochian became the vice president for economic and international affairs of the ministry during the Namazi ministry and participated in the drafting of the law for interest-free banking activity. Syed Kazem Sadr, an agricultural economics student at Ohio State University, wrote his dissertation on "Land Use Analysis in Five Southeast Ohio Counties." The name of Seyed Hossein Mahdawi Najmabadi is also mentioned among the participants, who holds a Doctorate in Business Administration, DBA from the Indiana University School of Business Administration, and his thesis was on "the efficiency of Iran's capital market and factors affecting the efficiency of the market and its economic consequences". Ali Sadegi Tahrani was also one of America's most educated economists, mentioned in stories related to the drafting of the interest-free banking law. He received his doctorate in economics from Texas Anand University and his thesis was on "The Structure of Markets in Islamic Civilization and Their Competitive Characteristics." Hajj Karim Ansarin, one of the active marketers in Karz-al-Hasna and one of the founders of the Islamic Bank at the beginning of the revolution, was also present at this meeting, according to the existing narratives.

Who wrote the law of banking activity without interest? In 1361, at the behest of Hussein Namazi, then the Minister of Economy and Finance, a group was tasked with drafting the law. Namazi, an economics student at the University of Innsbruck in Austria, wrote his doctoral thesis on zakat. His interest in Islamic economics arose before the revolution and during his studies in Europe, and later he entered the policy arena in the position of the Ministry of Economy. As minister, he oversaw the development of a new framework and a group of economists, bankers and lawyers came together to draft the law. The academic backgrounds of the members of this group were not the same, but it is clear that none of the people whose names we know specialized in monetary policy and banking science. Iraj Tutochian, an economics student at Texas A&M University, was one of those who followed Islamic economic thought in the university environment before the revolution. His doctoral thesis was devoted to "Sustainable products, investments and family financial cooperatives in the Islamic framework". Tutochian became the vice president for economic and international affairs of the ministry during the Namazi ministry and participated in the drafting of the law for interest-free banking activity. Syed Kazem Sadr, an agricultural economics student at Ohio State University, wrote his dissertation on "Land Use Analysis in Five Southeast Ohio Counties." The name of Seyed Hossein Mahdawi Najmabadi is also mentioned among the participants, who holds a Doctorate in Business Administration, DBA from the Indiana University School of Business Administration, and his thesis was on "the efficiency of Iran's capital market and factors affecting the efficiency of the market and its economic consequences". Ali Sadegi Tahrani was also one of America's most educated economists, mentioned in stories related to the drafting of the interest-free banking law. He received his doctorate in economics from Texas Anand University and his thesis was on "The Structure of Markets in Islamic Civilization and Their Competitive Characteristics." Hajj Karim Ansarin, one of the active marketers in Karz-al-Hasna and one of the founders of the Islamic Bank at the beginning of the revolution, was also present at this meeting, according to the existing narratives.