Khareed o Farokht Kay Masail

Overview:

“Khareed-o-Farokht ke Masail” is a comprehensive and authentic book authored by Muhammad Iqbal Kailani and published by Hadith Publications. This book presents the foundational principles of the Islamic economic system and the Shariah rulings related to trade and commerce in the light of the Qur’an and Hadith. The author has elaborated upon key aspects of Islamic economics, such as the prohibition of interest (riba), the etiquette of lawful trade, and the requirements for economic justice.

The primary aim of this book is to help readers understand how to conduct trade within the bounds of Shariah, avoid fraud, and establish fairness in financial dealings. It is equally beneficial for traders, students, and general readers who wish to align their financial lives with the teachings of the Qur’an and Sunnah.

Key Features:

1. Authentic References from Qur’an and Hadith
   All rulings in the book are backed by strong evidence from the Qur’an and Hadith. For instance, regarding the prohibition of interest, Surah Al-Baqarah (2:275) is quoted:
   “Allah has permitted trade and forbidden usury (riba).”
   Likewise, a Hadith states:
   “Whoever deceives us is not from among us.” (Sahih Muslim, 101)

2. Shariah Principles of Buying and Selling
   The book explains the Islamic etiquettes of buying and selling, such as avoiding deceit, ensuring correct measurement, and honoring agreements. The Prophet ﷺ said:
   “The buyer and the seller have the option to cancel the bargain as long as they have not separated.” (Sahih Bukhari, 2110)

3. Emphasis on Economic Justice
   The book highlights the importance of economic justice. The Qur’an says:
   “So that wealth does not circulate only among the rich among you.” (Surah Al-Hashr: 7)
   

4. Prohibition of Fraud
   The book clearly states that fraud in business is forbidden. The Prophet ﷺ said:
   “The one who cheats will not enter Paradise.” (Musnad Ahmad, 6248)

5. Guidance on a Halal Economic System
   The book provides guidance on halal trade practices such as avoiding interest, paying zakat, and maintaining financial balance, cornerstones of an Islamic economy.

6. Simple and Easy-to-Understand Language
   Muhammad Iqbal Kailani has written the book in a simple language so that even an average trader or reader can easily understand Islamic economic principles.

7. Practical Advice
   The book offers practical advice on how to conduct business successfully while staying within the boundaries of Shariah—such as clear contracts, honesty, and respect for the rights of others.