Basics Principles of Trading In the light of Islamic teachings

Abstract

Trade is the exchange of goods and services. In which goods and services were exchanged. In modern times, trade has become "money" rather than commodities. The invention of money has made trade simple and easy and trade has developed through money. Trade between two traders is called bilateral trade while trade between more than two traders is called multilateral trade.

Trading is also referred to as the process that traders and financial market operators perform.

Trade is one of the best sources of halal sustenance, which is favored by Allah and was adopted as a profession by the Prophet of Allah, Muhammad (Peace be upon him). Islam has declared trade as an excellent profession. Every job has some rules and regulations. Which is necessary for the survival of this work. Islam has set some principles of trade which are described in the Holy Quran. According to which the Prophet of Allah and his companions continued their commercial activities. Their commercial activities are the main source of Islamic economics. Its details are available in the books of Prophet's biography and history of Islam. Following these teachings is essential for every Muslim businessman. The author of the paper has highlighted in detail in this paper: "The Basic Principles of Trade in the Light of Islamic Teachings". Which will be useful to study.