IN HUMAN LIFE THE ROLE OF MONETARY AND TRADE POLICIES IN THE LIGHT OF THE HOLY QURAN

Document Type : Original Article

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NCBA&E, Lahore, Multan Sub-Campus

Abstract

The importance of monetary and trade policy is very clear. This is also the main factor in the welfare and success of the country & nation rather individuals. As a Muslim, we believe that Islam is the world's most sacred religion and a complete code of life so it is mandatory for every Muslim to follow the principles of Islam. There are principles and guidelines for the guidance of human life in every dimension, whether the matter is economic, social or political as well as any field of life, Islam has fully guided its followers. Where Islam has led human beings in other walks of life, there has also been guidance in monetary and trade policy. According to the growing rate of necessity due to the development of Civilization with the discovery of natural resources to take practical use of appropriate formats and also in monetary and trade policies are permanently foster in the guidance and direction of the Holy Qur’an is necessary for human survival. The life of the Holy Prophet ﷺ is a prefect model of all these principles of monetary and trade policy which have been revealed in the Holy Qur'an.

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