Browsing: Business and Trade

Business and Trade

An Introduction to Buying and Selling in Islam

It behooves us, before delving into discussions [on the hadiths of buying and selling], to produce a short study in which we explain some of the economic principles based on which the Shari‘ah operates, and which have become the foundations of Islamic economics, because ignorance of them often leads to terrible ideological errors, especially in this time of ours which has made livelihood and economics its greatest concern and the limit of its knowledge and the peak of its ambition, such that the topics of economics have become a stimulus for inquiries and a battleground between the modern theories of capitalism and communism.