A COMPARATIVE ANALYSIS OF THE FINANCIAL POLICIES DURING THE PIOUS CALIPHATE AND THE UMAYYADS RULE
DOI:
https://doi.org/10.5281/zenodo.10598612Keywords:
Finances, Economy. Pious Caliphs, Umayyad RuleAbstract
The study of financial policies during the prophetic era, pious caliphal period, and Umayyad rule provides insights into the economic foundations of early Islamic civilization. The prophetic age prioritized fair commerce, social welfare, and charity. The pious caliphal period saw the Rashidun Caliphs consolidate administrative systems and implement financial policies for social welfare and economic justice. The Umayyad rule introduced complex financial systems and policies, influenced by pre-Islamic traditions and evolving Islamic economic principles. This analysis aims to clarify the continuity, changes, and adaptations in the economic frameworks that led to the development of Islamic culture and the lasting impact of these early financial policies on modern Islamic economic theory and practice.
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