Sales and Contracts in Early Islamic Commercial Law

Contents: Foreword. Preface. Transliteration table. Introduction. 1. The Arabian commercial background in pre-Islamic times. 2. The Qur\'an and the commercial life of Muslims. 3. Good manners, decency and ethics in trade. 4. Management of the market. 5. Voidable contracts. 6. Risk in sales and permissible sales. 7. Restriction on sales. 8. Partnerships in business transactions and Al-Shuf\'Ah (Pre-emption). 9. Loans, deposit and Al-Hajr (Interdiction). 10. Al-Kafalah (Suretyship) and Al-Rahn (Pledge or security). 11. Al-Ijarah (the contract of hiring) and Al-Ju\'Alah (Pay in return for work). 12. Juridical settlement of disputes, Al-Sulh (Amicable settlement) and extinction of an obligation. 13. Conclusion. Notes. Bibliography. Index.

"Sales and Contracts in Early Islamic Commercial Law presents a study of business practices in the early period of Islamic history. Today when the world is moving from geo-politics to geo-economics, the Muslim Ummah is obliged to offer an effective alternative to materialistic and atheistic capitalist economic ideology. The present book, a comprehensive study of market economy in early Islam, provides foundational material for further studies in Islamic economics.

This book deals with following subjects: Pre-Islamic commerce, Qur\'anic teachings, ethics of trade and market, contracts, voidability, risk, restrictions, partnership deposits, loans, pledge, interdiction, hiring, commercial disputes and judicial settlements."