Riba equal quantities of the same kind of commodity ("like for like") — for example 100 kilograms of wheat for 100 kg of wheat — in a riba-free transaction called for by quoted ahadith. Or how "divine law" could prescribe that a jeweler — "who has spent his time and effort to convert gold into jewelry" and is taking gold as payment — not be compensated? M.A. Khan also notes that the authors of the IIIE blueprint have no objection to traders selling higher purity/quality commodity for cash and using the proceeds to buying more less purity/quality commodity, and wonders what
Simple commodity production Simple commodity production Simple commodity production (also known as "petty commodity production"; the German original phrase is "") is a term coined by Frederick Engels to describe productive activities under the conditions of what Marx had called the "simple exchange" of commodities, where independent producers trade their own products. The use of the word "simple" does not refer to the nature of the producers or of their production, but to the relatively simple and straightforward exchange processes involved. Simple exchange of commodities is as old as the history of trade, insofar as it has progressed beyond barter, and occurred for