ریاست مدینہ میں معاشی قوانین

Economic Laws in the State of Medina

Abstract

The state of Medina was established in the name of Islam. All Islamic laws were prevalent in it. The economic system of the State of Medina was founded on justice, transparency, and strong moral values. Economic laws in this model prohibited unethical and exploitative practices such as interest (usury), hoarding, deceit, fraud, and manipulative bargaining. Trade was encouraged but regulated through principles of fairness and mutual consent in accordance with Islamic teachings. Additionally, moral prohibitions such as false oaths, adulteration, short-measuring, and breaking promises were strictly forbidden to preserve trust and honesty in economic dealings. This framework established a balanced and ethical economy, serving as a timeless example for contemporary societies seeking justice-driven economic reform.