Journal Markcount Finance
Vol. 3 No. 2 (2025)

Ahmadi & Co. Syirkah Pattern on Midai Island: A Study of Islamic Economic Concept Based on Partnership And Profit Sharing

Kartubi Kartubi (Sekolah Tinggi Islam Natuna)
Rahimin Rahimin (Sekolah Tinggi Islam Natuna)
Dahlia Dahlia (Sekolah Tinggi Islam Natuna)



Article Info

Publish Date
01 Aug 2025

Abstract

This study aims to examine the syirkah pattern implemented by the Ahmadi & Co Union on Midai Island from its founding in 1906 until its decline at the end of the 20th century. The partnership pattern between capital owners and plantation managers reflects the implementation of syirkah al-muzara'ah and syirkah al-musaqah in classical Islamic economic practices. This study uses a descriptive qualitative approach with a case study method. The results show that the Ahmadi & Co Union successfully implemented an Islamic economic system based on profit sharing and kinship, but experienced decline due to weak legal documentation and internal conflicts between heir families. This study contributes to the study of cooperative revitalization based on sharia values in Indonesia's border regions.

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Journal Info

Abbrev

jmf

Publisher

Subject

Description

Journal Markcount Finance, established in 2023 by Yayasan Adra Karima Hubbi, has become a leading platform for economic research that connects financial innovation, sustainability, and digital transformation within the evolving economic ecosystem. In 2026, the journal introduced a change in its ...