Economic Strategies of Nabawi Government in Medina

Following the migration of the prophet Mohammad to Medina, establishing the new political structure and increasing the number of Muslims, the newly established government faced new challenges and realities. One of these realities and challenges was the economic life of Medina society and the need for its organization. Accordingly, the present study based on a descriptive and explanatory method, try to answer the question of how economic strategies of Nabawi Government could transcend the traditional economy to Islamic one and what strategies were employed in that time. In fact, the aim of this study is to investigate the policies, strategies and approaches of the holy Prophet management in the economic arena and introducing it as an example for real Islamic economy. The results indicated that the Prophet Mohammad tried to illuminate the basic strategies and future of Islamic government in the economic arena based on the tangible necessities and realities. These strategies originated both from revelational and nabawi teachings and based on realities and necessities of establishing Islamic government, recognizing the elements and capacities of Mohajirin and Ansar as well as circumstances of new environment and context. Trying to eliminate traditional treats, illuminating new concepts and elements of Islamic economy, endorsing economical basis of Muslims and cutting their dependence to Moshrkin and Ahlol-Ketab were some of the new strategies of Nabawi government. Therefore, the Prophet Mohammad sought to present and put new thinking and strategies in the new economy so as to organize new kind of economy in Medina which is called Islamic economy.