اسلام میں آزاد تجارت اور اس کا ارتقاء

FREE TRADE IN ISLAM AND ITS EVOLUTION

Abstract

The present research paper explaines that free trade is a policy between two or more countries that permit import or export free from governmental restrictions or duties. The purpose of this research is to critically analyze the legitimacy or the illegitimacy of free trade in Islam. The method used for the research is descriptive and qualitative. The review of literature reveales that Islam is all for the concept of free trade and disapproves the unwarranted interference by the state in business and trade. Free trade builds confidence in traders and inspires them to invest fearlessly. Free trade and free market go hand in hand. The free market is a system of trade in which the prices of goods and services are regulated by the open market and the consumer. In this free trading culture, developed and developing economies vie with each other freely in the domain of trade. Pointless government meddling in trade not only disconcerts the business community but also has a devastating impact on government revenues. To avoid these damaging consequences, traders should be given maximum freedom in the matter of business so that they may develop individually and contribute to the well-being of the community with their professional and technical capabilities.