Islamic Economics: A Short History

political fragmentation and cultural diversity 263 Ibn-al-Ukhùwwah (d. 1329) Ma"alim al-QùrbahfiAœkàm al-Œisbah Rules of Account ...

264 chapter six druggists, drapers, weavers, tailors, shoe makers, vets, physicians, oculists, surgeons, sieve makers, sellers o ...

political fragmentation and cultural diversity 265 as well as in customary law, 'urf. Others were of the opinion that he must be ...

266 chapter six beneficial use, (c) the subject must be in the actual ownership of the original selling party, (d) articles must ...

political fragmentation and cultural diversity 267 (9) When they summon a party to a dispute they must never inform him of the c ...

268 chapter six proper time he may be warned but if the whole population of a town decide to celebrate public worship at a latte ...

political fragmentation and cultural diversity 269 The book Ibn Taymìya’s book on Œisbahcomprises ten chapters. These cover the ...

270 chapter six should not be hurried to a bargain before they knew what the mar- ket conditions were likely to be. Emanating fr ...

political fragmentation and cultural diversity 271 Taymìya explained that further in stating that if the sellers are sell- ing t ...

272 chapter six for manufacture. Fourth, the manipulation of the market is for the purpose of achieving a price higher than the ...

political fragmentation and cultural diversity 273 A condition was well established by Ibn Taymìya, if the state takes such a ro ...

274 chapter six The Book Ibn-Khaldùn’s treatise, which is called the Mùqaddimah (introduc- tion) to history, was completed in 13 ...

political fragmentation and cultural diversity 275 understanding, “all sciences, laws, rules and principles, including the divin ...

276 chapter six that requires the cooperation of many. Human beings are social by instinct, he states, and if they are to live i ...

political fragmentation and cultural diversity 277 may lead to the destruction of the economy and the disintegration of the ruli ...

278 chapter six in its turn in line with the increasing profit, crafts would be created to obtain luxury products, the value rea ...

political fragmentation and cultural diversity 279 supply would not meet the demand and the prices of these basic goods would ri ...

280 chapter six man acquires through his effort and work in combination of what God has provided. Kasb, Ibn-Khaldùn continued, c ...

political fragmentation and cultural diversity 281 the labour, as it is not desired by itself as acquired”. To expand on Ibn-Kha ...

282 chapter six of value-exchange, valeur appreciative, the concept of profit, the con- cept of the comparative advantage in int ...