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The free market principle is an Islamic principle as cited per the primary islamic source in the Quran. [ citation needed ] Islam considers commodities with intrinsic value as currency . [ citation needed ] The following are some examples of commodities that can be used as currency: gold (as Gold Dinar ), silver (as Silver Dirham ), dates ...
This is a list of Islamic texts.The religious texts of Islam include the Quran (the central text), several previous texts (considered by Muslims to be previous revelations from Allah), including the Tawrat revealed to the prophets and messengers amongst the Children of Israel, the Zabur revealed to Dawud and the Injil (the Gospel) revealed to Isa (), and the hadith (deeds and sayings ...
Gold dinar of Abd al-Malik, AH 75, Umayyad Caliphate.. According to Islamic law, the Islamic dinar is a coin of pure gold weighing 72 grains of average barley. [citation needed] Modern determinations of weight for the "full solidus" weigh 4.44 grams at the time of Heraclius and a "light solidus" equivalent to the weight of the mithqal weighing 4.25 grams, with the silver Dirham being created ...
Islam [a] is an Abrahamic monotheistic religion based on the Quran, [9] and the teachings of Muhammad. [10] Adherents of Islam are called Muslims, who are estimated to number 1.9 billion worldwide and are the world's second-largest religious population after Christians. [11] Surah al Fatiha , from the Quran.
The uqiyyah (Arabic: أُوقِيَّة), sometimes spelled awqiyyah, is the name for a historical unit of weight that varies between regions, as listed below. 1 uqiyyah= 40 dirham.
Da'a'im al-Islam (Arabic: دعائم الإسلام lit. The Pillars of Islam) is an Ismaili Shia Islam Muslim book of jurisprudence. [1] The book was written by Al-Qadi al-Nu'man. [1] He served as da'i of four imams (from Ismaili 11th Imam Abdullah al-Mahdi Billah to 14th Imam al-Mu'izz li-Din Allah the first four Fatimid caliphs of Egypt). [1]
[14] But not all trade is allowed in Islam. The Qur'an prohibits gambling ( maisir , games of chance involving money). While the Quran does not specifically mention gharar (risk), several hadith prohibit selling products like "the birds in the sky or the fish in the water", "the catch of the diver", or an "unborn calf in its mother's womb". [ 15 ]
Islam is an Abrahamic monotheistic religion teaching that there is only one God [1] and that Muhammad is His last Messenger. [ 2 ] [ 3 ] The following outline is provided as an overview of and topical guide to Islam.