Usury During the Buyid Era
DOI:
https://doi.org/10.63278/jicrcr.vi.2878Abstract
This study addresses the topic of usury during the Buyid period, focusing on the historical and social context surrounding its practice and its impact on local communities. The study delves into the analysis of historical and religious texts that discussed usury, shedding light on the jurisprudential and ethical debates it sparked among various religious and social groups. Additionally, it examines the laws and regulations that sought to organize financial practices during this era and the innovative methods developed to circumvent restrictions on usury, including alternative financing tools. The study concludes with a discussion of the impact of these policies on the economic and social structure and offers recommendations for a deeper understanding of the role of usury in the evolution of ancient financial systems.