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All Journal Jurnal Ekonomi & Manajemen Bisnis (JIMBIS)
Usman Adisa Issa
Al-Hikmah University, Ilorin, Nigeria

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ISLAMIC PERSPECTIVES ON THE CONTRACT OF SHARES Ayuba Olaniyi Jibril; Usman Adisa Issa
Jurnal Ekonomi & Manajemen Bisnis Vol 1 No 02 (2024): Jurnal Ekonomi & Manajemen Bisnis
Publisher : Universitas Nahdlatul Ulama Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54622/jimbis.v1i02.335

Abstract

Islam is the total ways of lives of every Muslim such that every aspect of man’s life is never left untouched. The Qur’an and Sunnah of the Prophet (S.A.W.) never underestimate the socioeconomic and financial activities of individual. Hence, the aim of this study is to examine the Islamic perspectives on the contract of Shares. The secondary source of data was used to do justice to this paper. The findings of the paper revealed that shares on halal (legal) business or transaction is allowed in Islam but regulated on the basis of mutual benefit and loss between the two parties. It was concluded that Islam enjoins equity, fairness and justice in the transaction of shares without cheating or discrimination of any kind between companies and shareholders.
Co-Authors Ayuba Olaniyi Jibril