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Introduction

  • Mohsin Ali
  • Najeeb Zada
Chapter
Part of the Palgrave CIBFR Studies in Islamic Finance book series (PCSIF)

Abstract

This chapter tries to justify the reason of studying the impact of Islamisation on different academic and practical areas, specifically business and trade laws in Islam. This chapter briefly presents the history of the evolution of Islamic law (Sharia) in general and shows its significance in the modern world which gave birth to the subject of Islamic economics. We also summarise the most important aspects of Islamic business and trade law in this chapter which include Sharia compliant trading frameworks, trading under Islamic commercial law, trading practices and financial transactions prohibited under Islamic law, profit making in Islam and some other auxiliary issues.

Keywords

Islamic law (Sharia) Islamic economics Aspects of Islamic business and trade law 

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Mohsin Ali
    • 1
  • Najeeb Zada
    • 2
  1. 1.Taylor’s Business SchoolTaylor’s UniversitySubang JayaMalaysia
  2. 2.Department of Islamic TheologyIslamia College PeshawarPeshawarPakistan

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