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The Economic and Cultural Situation of the Arabian Peninsula prior to Islam Read chapter Read first chapter

2016 | OriginalPaper | Chapter

10. Exchange

Author : Seyed Kazem Sadr

Published in: The Economic System of the Early Islamic Period

Publisher: Palgrave Macmillan US

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Abstract

The processes of market exchange and the necessary conditions for efficiency are discussed in this chapter with the help of the Edgeworth box diagram and the contract curve. Also, the effect of policies and measures that were implemented by the Prophet of Islam (SAAS) on the initial distribution of wealth, and the impact of market ethics and rules of exchange on the efficiency of market price determination and income distribution among the Muhajerin (immigrants) and the Ansar (helpers) is also discussed. The chapter will conclude by showing the effect of Islamic property rights on the relative shares of factors of production.

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Literature
Ahmadi Mianaji. 1361/1982.Osul Malekiat dar Islam, Daftar Entesharat Islami, Qom.
Ayati, Muhammad Ebrahim. 1359/1980. History of Islam, ed. Abolghasem Gorji (in Persian). Tehran: Tehran University Press.
Biazar-Shirazi, Abdul-Karim. 1368/1989. Nezam Eqtisad Islami dar Asr Payambar, Internatinal Islamic Conference, Azzahra University. Tehran: Daftar Nashr Islami.
Al-Kattani, Abd al-Haiy, n.d., Nedham al-Hokumat an Nabawiah, Dar Ihia at Torathul-al Arabi, Beirut.
Sadr, Seyed Kazem. 1362/1983. Ehtekar az Didgah Feqh va Iqtisad, Entesharat 22 Bahman. Qom.
Shehabi, Mahmood. 1357/1978. Advar Feqh, 3rd printing. Tehran: Tehran University.
Waqedi, Muhammad Bin Omar. 1361/1982, 1362/1983, 1366/1987 [vols. 1,2,3, respectively] (Maghazi translated by Mahmood MahdaviDamghani), Markaz Nashr Daneshgahi. Tehran: University Publications Center.
Metadata
Title
Exchange
Author
Seyed Kazem Sadr
Copyright Year
2016
Book
The Economic System of the Early Islamic Period

Print ISBN: 978-1-137-51749-4

Electronic ISBN: 978-1-137-50733-4

Copyright Year: 2016

DOI
https://doi.org/10.1057/978-1-137-50733-4_10

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