Islamic Economics in the Time of Prophet Muhammad

Islamic Economics in the Time of Prophet Muhammad

In the beginning, the Arab community, before the advent of Islam is an advanced society in terms of the economy at all. This is evident (Arab jahiliah- ignorance). They are good at all in trade within the country or across the country so as to make them widely known to the other Nations on the Arabian Peninsula. This caused the trade has been entrenched in the tradition of the Arabs at that time.

Arab or more specifically the city of Mecca in General has become a place of knowledge or the bustling trading center visited by traders from a wide range of areas such as Egypt, Syria, Syria, and so on. In addition to the center of trade between regions, the city of Mecca is also the world's trade routes that connect between North, South, Sham, and Yemen, between East and West, the Persian Empire, as well as Egypt, (Mufrodi, 1997: 10).

Based on the analysis, he knew that the city of Mecca became one of the most crowded place in terms of trade, worth it if the income exceeds the income obtained Mecca received the lands around the city of Mecca.

In the economic activities carried out by the Islamic prophet Muhammad, is divided into two periods, according to the timeline. These divisions namely, Mecca and Medina period 1st time. Period of Mecca where the Prophet Muhammad PEACE BE UPON HIM getting to know the economic activity (when trade to Syria) and ends with the Hijra to Medina to prophetic. Whereas a period of time in medina the Prophet Muhammad to Medina and became the leading govern ounce and eventually died.
Top