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Essay On Righteous Trade

965 Words4 Pages

Islam and Allah’s rasool explain the concept of righteous trade by telling business ethics. If trade or any other thing is done against the morals and creed then this will lead to the bad end on the day of resurrection. Also by the law the person guilty of illegal business would end up nowhere. Quran emphasizes on the ethics of business ethics a lot. Allah says in the Quran:
“They say that buying is also like interest but Allah has declared buying as permissible and interest as forbidden.”
And also:
“When you buy or sell then make someone a witness of it.”
The Holy Prophet (PBUH) said:
“If trade was not there then you would have become a burden on others.” He also said that:
“Dignity of a trader is the guardian of the means of daily bread and a keeper of himself and the other people.” …show more content…

He said:
“Verily, merchants shall be raised up sinners on the day of resurrection, except he who fears God, and is good, and speaks the truth.”
According to Islam, the following things must be avoided to commence fair business.
1-No fraud or deceit, the Prophet (PBUH) is reported to have said: “When a sale is held, say, there is no cheating.”
2-Sellers must avoid taking too many oaths when selling merchandise. The Prophet (PBUH) is reported to have said: “Be careful of excessive oaths in a sale. Though it finds markets, it reduces abundance.”
3-Mutual consent is necessary. The Prophet (PBUH) is reported to have said:
“The sale is complete when the two involved depart with mutual

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