Home Journal List Putaj Oriental Studies Volume-24 Article Details

Pre-Islamic Financial Terminologies and its Status in Islam

اسلام سے پہلے کی مالی مالی اصطلاحات اور اس کی حیثیت

Abstract

The pre-Islamic era means the period of time after Prophet ʿĪsā (A S) to the beginning of Islam. During this era, people also traded with each other. They used different methods for business, trade, and income generation activities. Some methods of trade and business were based on uncertainty, interest and betrayal. After Islam, such methods of trade were banned and even Muhammad (PBUH) imposed penalties on some of the income generation methods. This paper tries to investigate those methods of trade, business and income generation processes which were disliked and prohibited in Islam in the light of Ḥadῑth and Islamic Jurisprudence.

Download