Al-Amwal : Journal of Islamic Economic Law
Vol 7, No 2 (2022): AL-AMWAL : JOURNAL OF ISLAMIC ECONOMIC LAW

TIME VALUE OF MONEY AND SHARIA LEGITIMACY

Mujahidin Mujahidin (Institut Agama Islam Negeri Palopo)

Article Info

Publish Date
28 Dec 2022

Abstract

Islamic economics is an economy based on profit sharing. Money is objects approved by society as an intermediary tool for exchange exchange/trade. In a profit-sharing economy, what is used for the economic mechanism is the ratio of profit sharing and business returns that occur regularly real. This is the meaning of Islamic teachings which advocate using the concept of economics Value of Time. That is, it is time that has economic value, not money time value. The factor that determines the value of time is how a person is take advantage of that time. The more effective (appropriate) and efficient (right way), then the time value will be higher

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Journal Info
Al-Amwal : Journal of Islamic Economic Law
Website

Abbrev

alamwal

Publisher

Institut Agama Islam Negeri Palopo

Subject

Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Other

Description

Al-Amwal, p-2541-0105, e-2541-3910, Journal of Islamic economic law is peer-reviewed journal published by The Faculty of Syariah, Institut Agama Islam Negeri Palopo. Al Amwal focus on the research of Islamic Economic Law. The journal is issued twice a year on March and September. The aims of the ...