Irfan Shahid

Business Mechanism in Islam Irfan Shahid

This book is written to demonstrate the Islamic rulings on business and trade. Trade and Islam have a close relation. Islamic rules and regulations regarding trade and commerce are based on equity, justice and rationality. Thirty percent of the Quranic texts deal with Muamilaat [Business Dealings]. Trade was one of the sources of spreading Islam in Central Asia, Africa and China. This book is written the considering the needs of common readers who do not possess any prior knowledge of economics, business, and Islam. They want to understand the fundamental of Islamic trade and commerce. The book will help readers to understand the fundamental teachings of Islam on trade and business. It discusses the various aspects of halal (legitimate) and haram (illegitimate) in business. The book also explains the Islamic rulings on Financial Market, Insurance, Mutual Funds and Real Estate.