Prophet Muhammad's (PBUH) Management Practices in Converging the Medina Market to the Economic Teachings of Islam

The commercial exchanges in Hijaz before Islam led to the establishment of various markets in different cities, including Yathrib, which was run by tribal mechanisms. With the advent of Islam, economic doctrines were presented in various fields of commerce, trade, supply and demand, which were not consistent with the previous traditions and encountered numerous problems in the course of implementation. Implementing an explanatory-descriptive approach and using the theoretical indicators of management science, this paper tries to answer this question: How did Prophet Muhammad (PBUH) try to converge the Medina market with the economic teachings of Islam with regards to the people's mental economic background. It seems that through implementing management mechanisms, such as dismantling the Muslim market from the Jews market, providing market laws in line with the religious doctrines, monitoring and controlling prices, quality of goods, etc., Prophet Muhammad (PBUH) has tried to present a practical model of market convergent with the religious teachings.