Prophet Muhammad's Sunnah's View Of Financial Corruption

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Dr. Abd Alsalam Atwa Al-Fandi , Mohammed Awad Abdullah Al-Khabbas

Abstract

The study aimed to demonstrate the most important bases set by Islam to combat all forms and types of
financial corruption. Islamic law has set clear regulations and rules for the collection and spending of money
and did not leave a way for corruption. The researcher discussed this topic in an introduction, two chapters,
and a conclusion, where he explained the concept of financial injury and its most important manifestations.
He also talked about the prophetic rules to prevent financial corruption pre and post-occurrence. The
researcher concluded that Islamic law has established perseverance of money according to clear rules and
foundations which no one can deviate from unless he follows his whims. Prophetic bibliography has also
undoubtedly stated all types of permitted and prohibited financial transactions so that Muslims can be fully
aware of them. Prophetic texts are characterized by combating all types of financial corruption using two
methods. The first method is a preventative one reflected in restriction and warning of any type of financial
corruption, meaning the prevention of any financial injury pre-occurrence. The second method is a remedial
one represented in punishment and penalty for any person that commits financial corruption to deal with
any financial injury after it occurs to preserve the rights of individuals and societies and achieve justice and
security. The researcher recommends establishing an institution that is specialized in combating financial
corruption and works on finding suitable solutions since Islamic societies today suffer from the growing
phenomenon of financial corruption. He also recommends establishing an easy, juristic e-encyclopedia that
includes all matters related to financial transactions so that it is easy for concerned individuals to refer to
them when needed.

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