Network Marketing A Research Study in Context of Islamic Shariah

Abstract

Islam guides comprehensively regarding the economy, an essential aspect of human life, so every human being becomes aware of legal and illegal implications before getting his sustenance. However, some commercial practices have flourished in society over time, which are doubtful according to Islamic jurisprudence. People are getting involved due to ignorance and sometimes due to greed. A similar type of business is Network Marketing. In this system, an individual, having become a company member, persuades others to become its members. Many jurists have declared this type of trade illegitimate and undesirable based on corruption, interest, uncertainty, bribery and fraud. This article discusses the origin, types, and practices adopted by the companies involved in such business. Initially, thorough research is presented on the introduction and development of network marketing. Later, various types of network marketing and their details are elaborated. Subsequently, a detailed overview and in-depth analysis of network marketing is presented, highlighting several illegitimate elements in this process, such as bribery, gambling, embezzling and fraudulent, hurting a believer and many Shariah aspects of illegitimacy that do not only fall against Islam but also against morality, honesty and economy of the country. All this discussion is made with examples from the network marketing that are in practice currently. In the end, the research concludes with a summary of the entire research. The researchers also put forward some suggestions about this marketing system. In the 21st century, like in every other field, many developments are being made in the financial sector. Scholars are responsible for endeavoring and presenting Islamic guidelines to protect people from sins and fraud. In this connection, this article is a masterpiece for the guidance of Muslim Ummah.