1 | O you who believe! Let it be said: Al-Karim; |
2 | The Bountiful, the Generous; |
3 | And the eighty-third name of Allah, the Infinite, the Unique, the All Knowing. |
4 | Wealth, properly employed, is a blessing, |
5 | And a man may lawfully endeavor to increase it by honest means. |
6 | To trade with neighbors is to increase prosperity providing it be without corruption. |
7 | Therefore beware of dishonest merchants and the spell of foreign wares, |
8 | Lest the local providers suffer through changing fate. |
9 | Let is be said that the prosperity of the people is first they be self sufficient in food and knowledge; |
10 | That they may acquire in modesty that which may give lasting value. |
11 | Beware! Beware! |
12 | The Persians seeks not the educated custom, nor prosperity, but to beguile and spell; |
13 | To sell exotic wares and finery that satisfy no more than morning dew. |
14 | They convince the leader and warlord to banish the artisan and crafts people on false pretense; |
15 | That they may possess a monopoly and control the destiny of a land through coin. |
16 | Verily, Monopoly is unlawful and a grave transgression in Islam. |
17 | It be a solemn obligation of all Muslims that those who grant a monopoly, |
18 | And those who seek it or control it be captured and executed. |
19 | Truly, once a merchant gain a monopoly, he is handed the fate of the people. |
20 | One who controls the grain to a city may sell it cheaply, ruining his competitor. |
21 | Or the merchant may choose to hold back the grain, causing the price to rise. |
22 | Thus the crafty merchant granted control, extends his influence through artificial drought and flood, |
23 | To manipulate the fate of the people. |
24 | Therefore, do not permit a merchant a monopoly; |
25 | Nor the actions of dishonest merchants to ruin the marketplace. |
26 | Enforce strictness in trade that only that which may be delivered within a season or a cycle of the moon be agreed and empty promises forbidden. |
27 | Nor should merchants be permitted to charge interest upon their loans, lest they use such temptations to ruin. |