Analyzing the Concept of Market Image from the Islamic Perspective

Authors

  • Bahrman , Hamid Reza PhD student in Oil and Gas Economics, Imam Sadegh
  • Jafari, Abolfazl MSc in Economics, Imam Sadegh University
  • Nasiri , omid M.Sc student of Quran and Hadith Imam Sadiq University
Abstract:

The market is one of the most important economic concepts that in Islamic worldview take on a meaning different from that of conventional economics. Concepts play a key role in the humanities as one of the fundamental steps in the evolution of the humanities is the reproduction of central concepts in the various disciplines. Practicing Islam's recommendations in the field of economics leads to the formation of a market with specific features and image that can be called the image of the desired Islamic market. This article addresses the needs of this image in Islamic sources. Accordingly, the characteristics of the Islamic market image are extracted from religious texts and categorized and presented by content analysis method. The market in its general sense is a kind of resource allocation and distribution mechanism that is freely traded, but in a specific sense implies where such a trade is made. The type of interactions people have in the marketplace creates a unique identity in the city. The image of the Islamic market creates a distinct identity in the Islamic city that is substantially different from the identity of non-Islamic cities. This article seeks to answer the question of what are the most important components of Islamic sources in drawing a comprehensive and desirable picture of the market? Based on the results of this study, 36 primary themes, 20 basic themes and 3 axial themes were extracted as the key components. The most important components of the image of a favorable market in Islam can be found in the three central themes of "respect for the people", "transparency" and "the practice of law".

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Journal title

volume 26  issue 29

pages  171- 193

publication date 2020-01

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