Application of musyarakah in Islamic banking
Purpose - The purpose of this study is to explain syirkah, one of the popular profit-sharing scheme.Method - This research is a descriptive analysis that describes all data and then analyzes the data to obtain a conclusion.Result - This study concludes that the legal basis of syirkah is Al-Qur'...
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| Published in | Journal of Islamic Economics, Management, and Business (JIEMB) Vol. 1; no. 1; pp. 173 - 190 |
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| Main Author | |
| Format | Journal Article |
| Language | English |
| Published |
05.01.2020
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| Online Access | Get full text |
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| Summary: | Purpose - The purpose of this study is to explain syirkah, one of the popular profit-sharing scheme.Method - This research is a descriptive analysis that describes all data and then analyzes the data to obtain a conclusion.Result - This study concludes that the legal basis of syirkah is Al-Qur'an, Sunnah, ijma 'and its application in Islamic banking, namely project financing and venture capital.Implication – Understanding one of the implementation of the profit-sharing system mostly keeps the principle of justice running in the economy.Originality - This study is essential to continue to be studied and explored considering there are still many issues of Islamic law (muamalah) that need to be resolved in sharia law. |
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| ISSN: | 2721-0197 2721-0324 |
| DOI: | 10.21580/jiemb.2019.1.1.3710 |