Works on market supervision and shar'iyah governance (al-hisbah wa al-siyasah al-shar'iyah) by the sixteenth century scholars
AbstractIn Islamic tradition two sets of works – al-hisbah and al-siyasah al-shar‛iyah – appeared that proved to be a rich source of economic thought of past Muslim thinkers. Works related to al-hisbah generally discussed socio-economic control, moral and market supervision, prevention of monopolies, check on cheating and fraud and such other corrupting practices, standardization of products, facilitation of the supply of necessities, etc. As far works pertaining to al-siyasah al-shar'iyah are concerned, they generally dealt with the rules of governance, economic role of the state, sources of public revenue, public expenditure (in addition to works exclusively devoted to public finances), maintenance of law and order, internal and external defense, etc. The present paper aims to discuss the state of these two institutions in the sixteenth century and writings on the subject by the scholars of the period.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 18445.
Date of creation: 28 Feb 2006
Date of revision: 25 Nov 2006
Publication status: Published in Quarterly Journal of the Pakistan Historical Cociety 3.54(2008): pp. 7-20
Market Supervision; Standardization of product; Check on monopoly; public duties; good governance; hisbah; siyasah shar`iyah.;
Find related papers by JEL classification:
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
- D40 - Microeconomics - - Market Structure and Pricing - - - General
- H00 - Public Economics - - General - - - General
- B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
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- Islahi, Abdul Azim, 2005. "Contributions of Muslim Scholars to the History of Economic Thought and Analysis upto 15th Century," MPRA Paper, University Library of Munich, Germany 53462, University Library of Munich, Germany.
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