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Business Practice before the Advent of Islam is a comprehensive book which provides a detailed account of the trading customs of Arabs. Arab countries are mostly situated in the desert region. Limited area of land was fertile for agriculture. Majority of the population was engaged in business. Trade caravan would travel to the south and north and pass through the Arabian Peninsula. Before Islam, numerous trade methods were prevalent in Arabia which was the part of their culture. These methods were dubious and based on fraud and cheating. Most of the time, fraudulent trade practices were the bone of contention between various Arab tribes which continued generations after generations. A brief history of trade and business practices of Islam are included in the book. Various Bazars (local markets) organised in the Arabian Peninsula is discussed in detail. Islamic principles of trade, sources of Islamic commercial laws, business ethics, several business contracts used in Islamic finance and the latest theories of international trade are also discussed in the book.
About the author
Irfan Shahid si è laureato in Studi sulla Sharia presso la Jamiatul Falah. Ha inoltre studiato Economia e Banca presso l'Università di Loughborough, Regno Unito. Il Prof. Shahid ha insegnato Sharia ed Economia in vari college e università in India e all'estero. È autore di numerose ricerche, articoli e libri sulla finanza, l'economia e il settore bancario islamici.
