Competition
摘要
The concept analysis in this entry first discusses the meaning of competition in modern economic theories, including a competitive market and influencing factors. The second section focuses on Islamic thought, specifically highlighting general market approaches, price determination, and fundamental principles of competitive market understanding. Accordingly, the objective of this study is to provide a closer examination of the concept of competitiveness within the Islamic economic approach by analyzing historical examples of illicit interventions that hindered competitiveness.