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The Umayyads moved the capitol from Medina to Damascus. They also embraced open commercial and trade markets, promoted the arts and sciences, and established a strong internal infrastructure.

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Kaia Paucek

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1y ago
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11y ago

Islam ecoomical system is very coherent; here are some basic principle:

1. Usuary (Interests) is not allowed

2. Money and wealth is deligated to us and entrusted in our hands yet the original owner is God; we are given money to use it rightiously in light of the guidance from God

3. Gambling, stealing and taking property by force is prohibited

4. Muslims are not to indulge in any kind of trading that is with unknown specifications e.g. quantity, price, timing of payments or repayments etc

5. Refrain from trading in unlawful commodities e.g. wine, pigs, idols etc

The basic creed of Islam spreads security and shows that money/wealth is a great property that has to be preserved even if someone dies protecting his wealth he is considered as a martyr.

Also, Islam encourages loaning without interests and consider it as a form of charity rewarded by Allah (God). Partenership is supported such as one party contributes by effort and the other contributes by giving the money, the outcome weather it's gain or loss it should be shared equally according to the amount of the contribution.

Thus in Islam, every contributor citizen is given his rights justly thus makes the economy flourishes. Also, Islam makes implementing justice as its priority.

For more info, please visit the relate links below.

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13y ago

Because Islam is the truth, and the early Muslims practiced it correctly, unlike the Muslims of today who do not represent Islam well at all.

It is the Kingdom of God on earth that Jesus spoke about. Not ever to be destroyed, this Kingdom was foretold by many prophets of God.

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7y ago

First, there is no such thing as "Muslim trade" or "Islamic trade". Muslims, as people, have no special advantages or disadvantages in terms of engaging in commerce of any kind and the religion of Islam actually delimits the kinds of commercial interaction that Muslims can have. (One can read further on the limits of commercial and insurance interaction that Islamic Law imposes in this Related Question: What is the law behind life insurance in Islam?)

However, the early Islamic Caliphates, such as the Umayyad Caliphate, the Abbassid Caliphate, and several subsequent empires did have several advantages as came to trade by dint of their imperial presence. These advantages would include:

Strategic Territory: The Islamic Caliphates effectively controlled and ruled over the Middle East. This put them in the strategic intermediate territory between the Far East and Europe, allowing them to oversee trade between these regions.

Valuing Commerce: The various Islamic Caliphates put a high value on mercantile behavior and the exchange of goods and services (especially when contrasted with Eastern Asia, where mercantile behavior was negatively viewed as charging money for creating nothing). Since the Islamic Caliphates valued trade, they spent money on building roads, supporting trade parties with military escorts, and building large bazaars for the exchange of goods within their realms.

Prominent Evangelism Envoys: Since the Islamic Caliphates were supposed to be pious states, they sent out evangelists to the all of the peoples that they could reach. In order to sweeten the allure of conversion, these envoys were almost always accompanied by merchants promising (and delivering) technological wonders, unique products, and improvements for the locals. Regardless of whether the locals converted, they did enjoy the products brought to them and wanted to continue trade relations with the Islamic Caliphates.

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Q: What factors contribute to the prosperity and expansion of the Muslim empire?
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