Islamic law, or Shari’ah, has a comprehensive and structured approach to economic transactions and trade. The goal is to ensure fairness, honesty, and justice in business dealings while promoting ethical behavior and social welfare. The main sources of Islamic law, the Qur’an and the Hadith (the sayings and actions of the Prophet Muhammad), provide detailed guidance on economic matters. Some key principles and rules include:
Muhammad Imran Answered question November 8, 2024