Islamic Jurisprudence & Price Controls

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This text explores various perspectives within Islamic jurisprudence concerning the issue of price controls.

It concludes by indicating that price control might be essential in specific situations, such as during emergencies or to counteract monopolistic practices.

Notably, the Hanbali and Shafi’i schools generally oppose price controls due to the injustice controls can impose on merchants & consumers, while the Hanafis and Maliki schools favor price control in certain situations.

Credit to @yunghanif for the screenshots.

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Moro Blanco

A place where I write, compile, and share things that interest me from a wide range of topics.