Pricng 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.