After all islam is the only religion founded by a trader one who also by the way married a wealthy merchant the koran has only good words for successful businessmen entrepreneurs must pay a 25 percent tax the. Proto capitalist economies and free markets became active during the islamic golden age where an early market economy and a form of merchant capitalism took root where between the 8th 12th centuries. The origins of capitalism and free markets can be traced back to the islamic golden age and muslim agricultural revolution where an early market economy and form of merchant capitalism took root between the 8th 12th centuries which some refer to as islamic capitalism a vigorous monetary. After exploring capitalism as its own construct islamic economics and how the two systems fit together ahmad contends that there is a need to limit capitalisms reach to avoid the market fundamentalism that leads to exploitation of workers and rampant immorality. Capitalism and islam islamic concepts of capitalism can be found in quranic support for and protection of individual rights to private property commercial honesty and competition tempered by concern for the disadvantaged and in hadith reports on the virtues of pious merchants
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