Publication:
Islamic capitalism and the West
Abstract
The relationship between Islam and capitalism has long fascinated social scientists. There is strong evidence that Islam had developed its own capitalism. Consider, for instance, that the bulk of the Shariah, Islamic jurisprudence, was written down by men most of whom were merchants. More importntly, even the Prophet Mohammad (S.A.w) himself was a merchant, who firmly believed in free markets and refused to interfere in prices. Moreover, of the four righteous Caliphs, Abu Bakr was a cloth merchant and Uthman was an importer of cereals.
Keywords
Islamic capitalism , Islam
Citation
Cizakca, Murat. (2010). Islamic capitalism and the West. In Wan Mohd Nor Wan Daud & Muhammad Zainiy Uthman (Eds.), Knowledge, language, thought and the civilization of Islam : essays in honor of Syed Muhammad Naquib al-Attas (pp.309-320). Johor, Malaysia: UTM Press.
Publisher
UTM Press
Available in physical copy only