The Rules of Price in Islamic Fiqh "Comparatve Study"

Thank God alot. Blessed be master of All creatures; our prophet Mohammed Ben Abdullah; may God bless him and his innocent companions, and all those who followed his glory. This thesis is introduced by the student Hasan M. H. Shehadeh, under the supervision of Dr. Abdulmun’em Jaber Abu Qahouq, participant teacher at Shari’te College- Annajah National University-Nablus, as a requirement to obtain the M.A. degree on Islamic Shari’te, Legislation Department 2005 falling on 1426. The thesis aims to clarify the “Price Regulations” concept, and showing its rules in several daily dealings, away from profits’ system, or falling into the shari’te prohibited domain. Then we will try to show the ability of the Islamic legislation to adapt all the renovations in accordance with the shari’te rules and origins, besides to making it easy for people and preventing them from embarrassment. My thesis came into a preface and four main chapters. In the preface I dealt with the “Price Role” at current financial deals, and elaborated how Islam bridged between deals and Belief, and how it created many main principles; as satisfaction between the contractors, fulfilling the contracts, preventing people to wickedly robbing people of their belongings through profit. In the first chapter (the Price Concept) I dealt with the Price meaning, its relation with several Shari’te idioms that explain its meaning, and what is suitable as a price, and the relation between the sale and the price showing their accepted and disagreed terms between scientists of shar’ite. In the second chapter (Price Sale) I dealt with contracts and deals related to the Price Sale, exchange and debt contracts, profitable kinds sale and their rules and their profit problem, and the types of debt sale and its shari’te position. In the third chapter (Effect of the Price on Contract) where I dealt with types of receiving the price or part of it after the contract. Then I dealt with the Advanced Sale and Payments Sale, explaining the effect of destroying the fixed and un fixed price, then the fall of price and its value changes, as currency on the contract and the relation between the price and priority and the regulation related to it. In the fourth chapter (Defining the Price) I explained the concept of fixing the price, and came in favour of the owner’s or who replaces him to fix a price in case of very high prices of every vital material that people urgently need or harmed by its rarity. Then I elaborated the possibility of exhibiting for high prices and the legislative adjustment for the sale common in the recent times. Finally, at the conclusion I showed the most significant conclusions I achieved through this study.