Sayyid Mostafa Mohaghegh Damad: Difference between revisions
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== Customary Nature of Pyramid Schemes, Chess, Hoarding, Riba, and Bribery == | == Customary Nature of Pyramid Schemes, Chess, Hoarding, Riba, and Bribery == | ||
In analyzing the Fiqhi | In analyzing the Fiqhi maxim "Eating wealth in vanity" (Akl al-mal bi-al-batil), Mohaghegh Damad considers it dependent on custom (Urf) and the customary nature of transactions; in such a way that any transaction considered unfair by custom, such as [[Pyramid Schemes]], will be subject to this rule.<ref>Mohaghegh Damad, Illicit Acquisition of Wealth in Islamic Law, pp. 21–28.</ref> | ||
The prohibition of hoarding also, from his perspective, is rooted in the ruling of reason; utilizing religious texts as corroboration, he considers this prohibition to extend beyond the limited four or six items and includes any commodity that causes loss to the people and disruption in social order.<ref>Mohaghegh Damad, Illicit Acquisition of Wealth in Islamic Law, pp. 44–58.</ref> | The prohibition of hoarding also, from his perspective, is rooted in the ruling of reason; utilizing religious texts as corroboration, he considers this prohibition to extend beyond the limited four or six items and includes any commodity that causes loss to the people and disruption in social order.<ref>Mohaghegh Damad, Illicit Acquisition of Wealth in Islamic Law, pp. 44–58.</ref> | ||