Pricing In Islamic Jurisprudence, A comparative Jurisprudence Study

Abstract

 The origin of man’s actions is freedom, and the sale contract is only made with the consent of the contractors and at the price that they agree on.

It may happen in some circumstance that the prices rise as a natural result of the law of supply and demand. In this case, the ruler does not intervere, but the sellers may abuse their right, and collude to raise the prices, so the price of the commodity in the market is an artificial, and unatural here the role of the ruler highlights in rebalancing prices by reducing the fabricated price to the so-called proverbial price.

However, the Governoris interference in the pricing of commodities is a different matter among the jurists, between prohibiting and permissible, and sometimes it is required. This disputeentails some legitimatc provisions, so the issue needs to be examined in may of comparative jurisprudence to renew the need for it at the present time , to give a clear and concise perception in this issue, in order to highlight the greatness coverage and reality of Islamic law