ii Islamic Law and International Trade

Links to the Past As for the sea, we hold it as the way of dry land. Allah said: “All it is who subdued to ye the sea that vessels may sail thereon by his command and that ye may seek of his bounty”. Therefore, he has given permission that he who wills may trade thereon and I hold that no obstacle shall be placed between it and any of the people. For the dry land and sea alike belong to Allah. He has subdues them for his servants to seek of his bounty in both of them. How then should we intervene between Allah’s servants and their means of lively hood? Muslims believe that Islam is the last religion. Islam is called the seal of religions. Islam, unlike the Talmud for Orthodox Judaism or the Bible in Christianity, not only covers moral or spiritual teachings, but also it covers every aspect of life such as trade. Islamic Sharia‘a places religion as well as economics in the consciousness of Muslims. Therefore, Islam is comprehensive in coverage. Reference