DefinePK

Research Objective

To explore the classification of goods based on Islamic principles of trade, focusing on permissibility (all) and prohibition (arm) of various products in commerce, and to provide a framework for ethical and socially responsible commerce in compliance with Islamic law.

Methodology

Drawing on primary sources from Islamic jurisprudence (Fiqh), the study categorizes goods into distinct groups: all (permissible), arm (forbidden), and Makrh (discouraged). The analysis addresses ethical considerations, social impact, and religious obligations associated with trading specific items.

Methodology Flowchart

                        graph TD; A["Review Islamic Jurisprudence Fiqh"] --> B["Categorize Goods: All, Arm, Makrh"]; B --> C["Analyze Ethical, Social, Religious Aspects"]; C --> D["Examine Contemporary Market Influences"]; D --> E["Develop Framework for Ethical Commerce"]; E --> F["Conclusion"];                    

Discussion

The paper discusses the ethical considerations, social impact, and religious obligations related to trading different categories of goods within Islamic law. It also addresses how modern market dynamics, such as digital and global markets, affect the interpretation of these trade classifications.

Key Findings

The study categorizes goods into permissible (all), forbidden (arm), and discouraged (Makrh) based on Islamic jurisprudence. It examines ethical, social, and religious aspects of trade for various products and considers the impact of contemporary markets.

Conclusion

The study aims to offer a clear framework for traders and businesses to conduct commerce in accordance with Islamic law, promoting ethical and socially responsible practices.

Fact Check

- The article was received on 28-07-2024, accepted on 28-08-2024, and published on 17-09-2024.
- The journal's ISSN numbers are 2791-0989 (Print) and 2791-0997 (Electronic).
- The article is published in Volume 03, Issue 02 of Al-Mthq (Research Journal of Islamic Theology).

Mind Map