Islam's Response to Contemporary Issues — Page 202
202 islam’s response to contemporary issues knowingly devour a part of the wealth of other people with injustice. 18 Again I have to omit this aspect, which is particularly noticeable in the form of corruption and bribery in the Third World countries but shall refer to it under individual peace. Commercial Ethics Islam neither disagrees with capitalism nor totally rejects scientific socialism but retains their good points and attitudes. Following are some examples where 1400 years ago, Islam advised a code of sound commercial ethics which modern man has ultimately discovered the hard way: 1. Islamic commercial relations are based upon absolute trust and honesty. 19 2. Islam forbids the use of false weights and the giving of short measure. 20 3. Traders are forbidden from selling defective articles or goods which are rotten or rendered useless. A trader must not try to conceal any defects of an article which he offers for sale. 21 If such an article is sold without the buyer’s prior knowledge, he has a right to return it when he discovers the fault or defect and obtain a refund. 22 4. A trader is prohibited from charging different rates to different customers though he has discretion to offer concessional