ISSN: 1694-7673 (Print) E-ISSN: 1694-7975 (Online)

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Abstract


BASIC MORAL CRITERIA IN ISLAMIC COMMERCIAL LAW
Islam is a universal religion that explores in detail the principles that will meet the needs of people of all histories and cultures. Although Islam considers working and earning halal as worship, it accepted the universal rules and values of trade as the rules of worship. Islam praised those who traded or engaged in production in accordance with these rules, and said that honest and trustworthy businessmen and merchants would have their place in Paradise with the prophets and martyrs. Therefore, Islam attaches great importance to labor and trade. However, Islam has ordered the prohibition of exchanges, the fulfillment of contracts and promises, and also prohibits profit-making through deception, misrepresentation, coercion, the black market, exploiting the distress, uncertainty and risk of the other party. Based on these principles, Islam has established its own economic principles.

Keywords
Islam, Commerce, Types of Covenant, Law, Halal


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