Document Details

Document Type : Article In Journal 
Document Title :
Role of Booty in the Economy during the Prophet's Time
دور غنائم الحرب في الاقتصاد في عهد الرسول صلى الله عليه وسلم
 
Subject : Articles  
Document Language : English 
Abstract : The author estimates the total value of the spoils of war accruing to the Muslims during the first decade of the Hijrah calendar (622-632 AD) not to exceed 6 million dirhams. Estimating the cost of living at Medina for an average family of six persons to be 3000 dirhams per annum, the above would support only a microscopic minority of the growing Muslims population at the time. It is also necessary to take into consideration the expenses incurred by Muslims on their war efforts, as well as the losses sustained by them. The author estimates the expenses alone to have exceeded 60 million dirhams - i.e. ten times the booty. All in all, the contribution of the spoils of war to the total income of the Muslims during the 10 years of the Prophet's rule could not be more than 2%, the author concludes. Without denying some role for this windfall, the mainstay of the Muslim economy must have been their own efforts in agriculture, industry, trade and commerce. 
ISSN : 1018-7383 
Journal Name : Islamic Economics Journal 
Volume : 1 
Issue Number : 1 
Publishing Year : 1409 AH
1989 AD 
Number Of Pages : 33 
Article Type : Article 
Added Date : Sunday, October 11, 2009 

Researchers

Researcher Name (Arabic)Researcher Name (English)Researcher TypeDr GradeEmail
محمد ياسين مظهر صديقيMUHAMMAD YASIN MAZHAR SIDDIQIResearcher  

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