Contemporary literary theorists have examined different literary genres from different standpoints. Among them Mhkail Bakhtin, a distinguished Russian literary critic, stands out from the rest. Highlighting his key concept of dialogism, Bakhtin among different literary genres singles novel, especially Dostoyevsky’s novels as possessing dialogic or polyphonic quality where the voice of narrator isn’t dominant. In this article we aimed at examining compatibility of Ferdosi’s Shahnameh with Bakhtin’s views. Findings of the research show that some of the stories have dialogic and polyphonic quality.