Abstract

PurposeTo explore the outer reaches of buying, selling, property rights in an Islamic context.Design/methodology/approachPhilosophical, applying legal analysis, critique to the work of Richard Epstein.FindingsThat there are no exceptions to the general rule that, under full free enterprise, anything must be allowed to be purchased, sold or given away.Research limitations/implicationsTo attain a system of laissez‐faire capitalism, the law should be changed so as to recognize voluntary slave contracts.Practical implicationsThere would be very few or none in an advanced wealthy society. However, there might be some in the underdeveloped world.Originality/valueIt advances one's knowledge of the marketplace, law and contracts.

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