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Kitab Al-Amwal (The Book of Monetary Transactions)


An edited and annotated Arabic text with English translation of a hitherto unpublished treatise on Islamic finance written by scholar of tenth century - Abu Jaئfar Ahmad Ibn Nasr al-Daudi al-Maliki al-Asadi (d. 402/1011). It deals (from the Maliki point of view) with broad principles of state revenues, military administration, International law of war and peace, and the authorئs verdicts (fatawa) on the settlements of lands in al-Ifraqiyaah, al-Maghrib, Spain and Sicily. It also deals with the administration of the properties acquired unlawfully and those abandoned with no legal owners. The work throws light on various kinds of earnings and suggests methods to maintain balance in society between various groups of rich and poor people.