Title: Issues of Trade & Commerce
Author :Book Muhammad Iqbal Kailani
Publisher : Hadith Publications, Lahore
This book explains the Islamic rulings on commercial transactions — buying, selling, and trade — based on the Qur'an and authentic Hadith. Like the author's other booklets in this series, it aims to simplify commercial fiqh for the general reader, clarifying which everyday business practices are permissible (halal) and which involve prohibited elements like riba (interest), gharar (uncertainty/deception), or fraud.
What's in the Book
Islamic principles and etiquette of trade (honesty, fair weighing/measuring, disclosing defects)
Rulings on riba (interest) and why it's prohibited in business
Conditions for a valid sale contract (buyer/seller consent, ownership, possession before resale)
Prohibited types of transactions (e.g., selling what you don't own/possess, gharar-based deals, gambling-like sales)
Rulings on installment sales, bargaining, and cancelling a deal (khiyar)
Guidance from the Prophet's ﷺ own trading conduct as a model for Muslim businessmen