Publication: A literature review of islamic transactions profit
No Thumbnail Available
Date
2020
Journal Title
Journal ISSN
Volume Title
Publisher
IEOM Society
Abstract
This paper presents views on profit from Islamic perspective. The profit is one of the aims of the transaction such as loan, hire-purchase and purchase. However, the determination of the profit rate in Islam has boundaries. There are three main point has been discussed in this paper such as profit maximization in Islam, profit rate which prohibited in Islam and the determination of the profit. This paper reviews the way to acquire profit that follows Shariah compliance. © IEOM Society International.
Description
Keywords
Profit maximization, Profit rate, Shariah compliance