Nonresonant circularly polarized electromagnetic radiation can exert torques on magnetizations by the inverse Faraday effect (IFE). Here, we discuss the enhancement of IFE by spin-orbit interactions. We illustrate the principle by studying a simple generic model system, i.e., the quasi-one-dimensional ring in the presence of linear/cubic Rashba and Dresselhaus interactions. We combine the classical IFE in electron plasmas that is known to cause persistent currents in the plane perpendicular to the direction of the propagation of light with the concept of current and spin-orbit-induced spin transfer torques. We calculate light-induced spin polarization that in ferromagnets might give rise to magnetization switching.