Economic Organizations in Medina during the Era of the Prophet Muhammad (peace be upon him and his family)

Abstract

This research revolves around knowing the economic organizations that the Messenger of God, Muhammad (may God bless him and his family) carried out in Medina when he migrated to it and established the Islamic government there until his death (may God bless him and grant him peace), The city was predominantly agricultural, As for trade, it was under the control of the Jews. The Jews dealt with usury with the inhabitants of the city and with those who came to it as well, in addition to their eating people’s money unjustly. The Holy Qur’an refers to this in the Almighty’s saying: “And indeed, the Jews were not disbelievers in the religion of God, nor were they disbelievers in the religion of God”, The economic life in the city was one of chaos, ignorance and corruption, where the strong ate the weak, Where there is no control or regulation, He (may God bless him and his family) organized the economy of Medina in accordance with the law of God Almighty after it had been based on ignorance that preceded Islam, Where usury, monopoly, fraud in transactions, exploitation, deception and fraud are widespread.