Conclusion

Mohsin Ali and Najeeb Zada ()
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Mohsin Ali: Taylor’s University
Najeeb Zada: Islamia College Peshawar

Chapter Chapter 7 in The Islamic Finance Trading Framework, 2019, pp 79-82 from Palgrave Macmillan

Abstract: Abstract This chapter provides a summary of the discussions in the book. We advocate that Islamic trading framework is an umbrella which shows the process of trading governed by Islamic Principles. It comprises the prohibitions, pricing, profitability, and other auxiliary issues like government intervention and ethical framework related to exchange of goods and services. Islamic trading framework appears to be more comprehensive yet compatible trading framework to be practiced in the contemporary world. Islam’s framework is proved to be superior not only because of its moral values and compatibility with the modern philosophy but also because of its evidently positive impact on the economy and society at large.

Keywords: Prohibitions; Pricing; Profitability; Auxiliary issues; Compatibility (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pcichp:978-3-319-96613-7_7

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DOI: 10.1007/978-3-319-96613-7_7

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