Markets in Islam
Ayman Reda
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Ayman Reda: The University of Michigan - Dearborn
Chapter Chapter 25 in Prophecy, Piety, and Profits, 2018, pp 361-384 from Palgrave Macmillan
Abstract:
Abstract This chapter seeks to examine the notion of an ideal marketmarket market as informed and envisioned by Islamic scripture and tradition. The chapter highlights key institutional and behavioral characteristics of this Islamic notion, under the headings of exchange and character, respectively. An Islamic formulation of markets is essentially religious in nature, where market participants are primarily driven by their faith and piety.
Keywords: Islamic Scripture; Islamic Economics; marketMarket Exchange; tradeTrade; Islamic Capital (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psibcp:978-1-137-56825-0_25
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DOI: 10.1057/978-1-137-56825-0_25
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