تجارتی و کاروباری آزادی کا اسلامی فقہ میں تصور: قرآن و سنت کی روشنی میں چیلنجز، حدود اور معا

The Concept of Freedom of Trade and Business in Islamic Jurisprudence: Challenges, Limitations, and Contemporary Applications in the Light of the Qur’an and Sunnah

  • Dr.Fazail Asrar Ahmed Post_Doc Fellow IRI_IIUI. / Assistant Prof. Faculty Of Law. Grand Asian University
  • Dr Mehboob Ali Shah Head Master Punjab Education Department GES Meht Jhedu tehsile Chishtian Distt Bahawal Nagar
  • Dr.Abdul Majid Assistant Professor Government Graduate college Burewala Dist.Vehari
Keywords: Islamic Jurisprudence, Freedom of Trade, Business Ethics, Qur’an and Sunnah, Riba, Gharar, Monopoly, Islamic Finance, Economic Justice, Contemporary Challenges

Abstract

This study examines the concept of freedom of trade and business within the framework of Islamic jurisprudence, with particular reference to the Qur’an and Sunnah. Islam recognizes economic activity as a fundamental human need and grants individuals the right to engage in trade and business. However, this freedom is not absolute; it is governed by a set of ethical and legal principles designed to ensure justice, fairness, and social welfare. The study explores the foundational principles of lawful (halal) and unlawful (haram) earnings, mutual consent in transactions, and the prohibition of exploitative practices such as interest (riba), fraud, and excessive uncertainty (gharar).

Furthermore, the research analyzes the limitations imposed by Islamic law on business activities, including restrictions on monopoly, hoarding, and trade in prohibited goods. In addition, it highlights contemporary challenges such as interest-based financial systems, digital fraud, and corporate dominance in global markets. Using an analytical and descriptive methodology, the study evaluates how Islamic jurisprudence addresses these issues and proposes practical solutions rooted in ethical business conduct and Islamic financial models.

The findings suggest that Islam provides a balanced approach by allowing economic freedom while maintaining strict moral and legal boundaries, offering a viable framework for addressing modern economic challenges.

Published
2026-03-30