THE MEANING OF KANZ [HOARDING] IN ECONOMICS AND FROM ISLAMIC THINKERS' VIEWPOINT

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MIRMOEZI S.H.

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: NAMEH-YE-MOFID Year:2003 | Volume:9 | Issue:1 (35 ECONOMICS) Page(s): 23-40

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Information Journal Paper

Title

THE MEANING OF KANZ [HOARDING] IN ECONOMICS AND FROM ISLAMIC THINKERS' VIEWPOINT

Author(s)

MIRMOEZI S.H. | Issue Writer Certificate

Keywords

HOARDINGQ3

MONEYQ2

SPECULATIONQ4

Abstract

The paper reviews the concept of HOARDING from economists and Islamic exegetists and thinkers' point of view. Examining the verses and traditions on the subject the author argues that what has been prohibited in Islam as HOARDING does not apply to the accumulation of wealth surplus to requirements and the weath without any involvement in a prohibited circulation. He concludes that holding MONEY for an speculative incentive (suppose that SPECULATION is permitted according to shariah laws) is not unlawful. He points out that despite the prohibition of interest in Islamic economics one can conceive a condition under which the speculative demand is realized.

Cites

COMPETITIVENESS ABILITIES OF NON-INTEREST BEARING BANKS IN CONVENTIONAL INTERNATIONAL BANKING SYSTEM

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APA: Copy

MIRMOEZI, S.H.. (2003). THE MEANING OF KANZ [HOARDING] IN ECONOMICS AND FROM ISLAMIC THINKERS' VIEWPOINT. NAMEH-YE-MOFID, 9(1 (35 ECONOMICS)), 23-40. SID. https://sid.ir/paper/3413/en

Vancouver: Copy

MIRMOEZI S.H.. THE MEANING OF KANZ [HOARDING] IN ECONOMICS AND FROM ISLAMIC THINKERS' VIEWPOINT. NAMEH-YE-MOFID[Internet]. 2003;9(1 (35 ECONOMICS)):23-40. Available from: https://sid.ir/paper/3413/en

IEEE: Copy

S.H. MIRMOEZI, “THE MEANING OF KANZ [HOARDING] IN ECONOMICS AND FROM ISLAMIC THINKERS' VIEWPOINT,” NAMEH-YE-MOFID, vol. 9, no. 1 (35 ECONOMICS), pp. 23–40, 2003, [Online]. Available: https://sid.ir/paper/3413/en

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