Journal of Economics and Social Sciences
Vol. 4 No. 2 (2025): Journal of Economics and Social Sciences (JESS)

The Islamic Economic Perspective on the Practice of Partnership Cooperation Contracts

Yesi Novrianti (Institut Islam Al-Mujaddid Sabak)
Wargo (Institut Islam Al-Mujaddid Sabak)
Zaenal Abidin (Institut Islam Al-Mujaddid Sabak)



Article Info

Publish Date
15 Dec 2025

Abstract

Partnership cooperation contracts constitute one of the essential instruments within the Islamic economic system, aiming to realize justice, balance, and mutual welfare among the contracting parties. Partnership practices are widely found across various economic sectors, including trade, agriculture, services, and Islamic finance. This article seeks to examine the Islamic economic perspective on the practice of partnership cooperation contracts through a literature-based approach. The method employed is a literature review of classical and contemporary fiqh al-muʿāmalāt texts, scholarly journals, fatwas issued by authoritative institutions, and regulations related to Islamic economics. The findings indicate that Islamic economics provides a clear normative framework for partnership contracts, such as musyārakah, muḍārabah, muzāraʿah, and musāqah, which emphasize the principles of justice, transparency, honesty, and the proportional sharing of risks and profits. Nevertheless, contemporary practices continue to exhibit deviations from these principles, particularly in terms of unequal bargaining positions and imbalanced risk allocation. Therefore, strengthening the understanding of Islamic contractual principles and enhancing the supervision of their implementation are crucial to ensuring partnerships that are consistent with Islamic economic values

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Journal Info

Abbrev

jess

Publisher

Subject

Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Materials Science & Nanotechnology Social Sciences

Description

ournal of Economics and Social Sciences (JESS) is a peer-reviewed journal published twice a year (every June and December) by CV. Civiliza Publishing. Journal of Economics and Social Sciences (JESS) accepts original scientific papers that have never been published. The discussion in this journal ...