By Seyed Kazem Sadr
This ebook presents an financial research of the earliest Islamic society, concentrating on the rules of the Messenger of Islam (Sawa) and his successors throughout the first 4 formative many years of Islam. associations of serious value – the marketplace and the general public treasury (Baitul Mal) – and their roles within the improvement of the personal and public sectors are really emphasised during this research. the 1st a part of the e-book is dedicated to the industrial and cultural dimensions of lifestyles within the Arabian Peninsula in the course of the pre-Islamic interval, together with an research of alternate and fiscal relationships with the Roman and Persian economies; the demanding situations confronted via the Messenger’s project and the commercial regulations of the Messenger after the migration to Madinah also are tested intimately. the writer then strikes directly to a loyal research of the character and capabilities of the general public treasury, its sales and expenses, in addition to monetary and monetary regulations. additionally tested is the position of the general public zone in conserving equilibrium within the monetary and genuine sectors, in addition to in selling monetary progress and employment. research of the establishment of the industry, its features, and its services in the course of the earliest Islamic interval constitutes the 3rd portion of the e-book. The behaviors of customers, manufacturers, and traders in an financial system with out an rate of interest mechanism also are addressed the following. the ultimate part investigates the elemental aim of Islam for human societies – that's, justice – in the context of discussions in past elements of the e-book. the writer makes use of historic fiscal info, proof, and evidences which are mentioned from the interval, either sooner than and after the institution of the Islamic kingdom, to discover the industrial kin, regulations, and types that have been in perform and utilized at that time.
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Additional info for The Economic System of the Early Islamic Period: Institutions and Policies
1355/1976. Sair tahawwul Qran, Daftar Nashr Farhang Islami, Tehran. Bin Nabi, Malik. 1371/1992. Padide Qurani. Translated by Ali HojjatiKermani. Tehran: NashrMashar. Fayyaz, Ali Akbar. 1335/1956. Tarikh Islam. Tehran: Tehran University. Ibn Hisham, Abd al Malik. 1356/1976. As Sirah an Nabawiah, ed. Muhammad Muhiddin Abd al hamid, Maktaba at Tejariah, alKobra. Cairo. Sadr, Seyed Reza. d. Rah-e- Ali, Moasseseh Dar rah-e- Haq. Qom. Sadr, Seyed Reza. 1365/1986. Rah-e- Quran, Bonyad Be’sa’t. Tehran.
One of the instances in which Abdul-Mottalib resorted to this lottery in connection with the heads of the Quraysh tribe was during the time of rebuilding the Zam-Zam water well, where two golden deer statues and few carbuncled swords were unearthed. Heads of the Quraysh tribe put their claims of ownership to them. To resolve the dispute, Abdul-Mottalib proposed division of the treasure among the Quraysh, himself and the Ka’ba by way of resorting to winning by lottery. The Quraysh accepted the proposal.
By studying the production and employment opportunities that were made available by the great Messenger for Muslims in Madinah and other places in the Islamic homeland, we shall obtain the necessary information for the analysis of economic policies imposed and implemented by His Holiness. The main objective of this chapter is to understand the context, atmosphere and economic possibilities for the Muslims on the basis of which the economic system was consolidated. K. K. 1 Population The chroniclers have not reported the numbers of the Muslim population either in the beginning of immigration or in the years that followed; hence, there is no reliable information about the exact number of Muslims that existed.