Journal of Islamic Economic Literatures
Vol. 6 No. 2 (2025): Journal of Islamic Economics Literatures

Book Review: The Islamic Finance Trading Framework; Legitimizing Profit Making

Maliha, Hasna (Unknown)



Article Info

Publish Date
10 Nov 2025

Abstract

This article summarizes and analyzes the concept of the Islamic finance trading framework as explained by Mohsin Ali and Najeeb Zada in The Islamic Finance Trading Framework: Legitimizing Profit Making (2019). The book seeks to build theoretical and practical legitimacy for trading and profit-making activities in Islam. Through an elaboration of Islamic commercial law, Shariah financial contracts, and comparison with the conventional system, this work asserts that Islam does not reject profit but places it within the bounds of justice, honesty, and Shariah ethics. Islam transforms the paradigm of profit from merely an economic value into a moral instrument that reflects social responsibility. By rejecting riba, gharar, and maysir, the Islamic trading system presents an economic mechanism that is more stable and just. This model is not only an alternative to conventional capitalism but also offers an ethical foundation that can improve global economic governance.

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Journal Info

Abbrev

JIEL

Publisher

Subject

Religion Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Journal of Islamic Economic Literatures adalah publikasi ilmiah yang diterbitkan oleh SMART Insight yang berada di bawah lembaga riset SMART Indonesia. Sharia Economic Applied Research and Training (SMART) adalah lembaga penelitian di Indonesia yang fokus pada riset seputar ekonomi dan keuangan ...