ABSTRACT
The jurisprudential maxim is reinforced by the Divine decree in Islam. The principle of permissibility of all things is applicable to sale, trade and business activities. However, forbidden practices are only those that do not conform to some Divine ordinance or the normative practice of the Messenger (Allah bless him and give him peace). The factors which invalidate a business activity are limited. Forbidden or proscribed things, called ḥarām by Islamic law are which the faithful is commanded to avoid. This chapter gives detailed background on the practices that are forbidden for the business class in Islam. Prohibited acts such as cheating, deceptive oath-taking, hoarding, greed, concealing defects of a commodity, and aiding and abetting evil is discussed in exhaustive detail in this chapter.
