The Rationale in the Legitimacy of Public Financial Transactions that Carry the Meaning of Exchange and Ownership in Islamic Fiqh


Dr. Nafaa Hameed Salih, Dr. Majeed Hammoudi Musleh, Dr. Thaer Hamid Mahdi
Ministry of Education, General Directorate of Education in Al-Anbar Governorate, Iraq.


Praise be to Allah, Lord of the worlds, and prayers and peace be upon our prophet Muhammad and his family and companions: For those who contemplate on the text of the holy Qur’an and the noble Prophet’s Sunnah realize with certainty that they came to achieve the interests of people and ward off evil from them This realization takes place through secrets and governance and the purposes that the Islamic Sharia came in its rulings and legislations, whether they are in acts of worship or transactions and even in the behavior and ethics of humans. Therefore, we want to turn the consideration of divine books, statutory constitutions, or human lawswe can find a book, constitution, or law that fulfilled the interests of people and present the rationale of its legislation just like The holy Qur’an and the Sunnah of the Prophet, and to highlight something from this bright side of this law, we will discuss in this research a topic that has a link with the essence of this idea entitled (Rationale in the legitimacy of public financial transactions that carry the meaning of exchange and ownership in Islamic fiqh).