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All Journal Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam AFEBI Islamic Finance and Economic Review
Mellinia, Rashifahunnisa'
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Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

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Journal : Li Falah: Jurnal Studi Ekonomi dan Bisnis Islam

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The Concept Time Value of Money from the Point of View of Islamic and Conventional Finance Apriantoro, Muhamad Subhi; Mellinia, Rashifahunnisa'; Rosyadhi, Rozi Irfan
Li Falah: Journal of Islamic Economics and Business Vol. 8 No. 1 (2023): June 2023
Publisher : Institut Agama Islam Negeri Kendari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31332/lifalah.v8i1.4108

Abstract

The time value of money is the basic concept of elements and basic concepts of investment that are part of conventional financial theory. The value of everything now will be more significant in the future. This consideration system is not ruled out by Islamic finance because it covers the price of a commodity on every contract sale that must be paid in the future, and it is not forbidden to increase the price given. However, the time value of money in Islamic finance is different from conventional finance. In this discussion, describe the concepts of the time value of money from the point of view of Islamic and conventional finance, both theoretically and practically.
Co-Authors Aminudin Ma'ruf Muhamad Subhi Apriantoro Rosyadhi, Rozi Irfan