Journal of International Islamic Business Studies
Vol 1 No 1 (2024): JIIBS

Classic and Contemporary Mudharabah Philosophy between Theoretical and Practice

Muhammad Yunus (Islam Bandung University)
Mugni Muhit (Universitas Islam Negeri Sunan Gunung Djati Bandung)



Article Info

Publish Date
29 Mar 2024

Abstract

Islam as a religion of rahmatan lil'alamin pays great attention to human activities in muamalah, as well as in business matters. The cooperation system or often referred to as a participation contract in business (Mudharabah) is something that can be applied. The parties to this agreement are the fund manager (mudharib) and the fund owner (shohibul maal). However, along with the development of the times and the diverse business needs that require optimum capital, this kind of cooperation model has also undergone an evolution. Where in the initial concept there were only two unionized parties, in the current concept a third party is needed, namely Islamic financial institutions and the like. The goal of this study is to determine how mudharabah contracts are described in traditional fiqh texts and how LKS goods relate to mudharabah contracts.

Copyrights © 2024






Journal Info

Abbrev

jiibs

Publisher

Subject

Economics, Econometrics & Finance

Description

The Journal of International Islamic Business Studies (JIIBS) is a scholarly journal devoted to publishing high-quality theoretical and empirical articles in all Islamic areas of business, economics, management, banking, and Islamic finance. Promote dialogue and discussion on current issues in the ...