Business and Trade in Islam

Edited by Muhammad Moinuddin Khan and M.H. Syed

ISBN 10: 8182743729 / ISBN 13: 9788182743724

Published by Pentagon Press, 2010

About this Item

Contents Preface 2 Concept of trade 2 The backdrop 3 Trade and finance 4 Traits of business 5 Conduction of business 6 Rules for sales 7 Technique of setting prices 8 Economic matters and law 9 Relevance of Islamic economy 10 Economic policy in Islam Bibl 362 pp.

Seller Inventory # 81871

Bibliographic Details

• Title: Business and Trade in Islam
• Publisher: Pentagon Press
• Publication Date: 2010
• Language: English
• ISBN 10: 8182743729
• ISBN 13: 9788182743724
• Binding: Hardcover

About this title

Synopsis

Islam considers business and trade to be the best mode of earning. And, among the different types of trade, Halal business is recommended as the best by Islam. Money earned through hard work and fair means is full of benefits. On the one hand, hard work is vitalizing and keeps the body active and ready to work; on the other hand, it promotes a healthy life. During the time of the Prophet (Pbuh), people would go from city to city in groups (Called carvans) to trade. This involved travel to far-off places where people sold their commodities and brought back the products available there. There are advantages of trading which are particularly significant. Such exchange of goods results in an exchange of cultural values as well and increases knowledge of the world. Prophet Muhammad (Pbuh) himself led many expeditions and earned money as well as reputation and respects.