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Mudaraba as a Model of Islamic Finance

Shirkah Journal of Economics and Business

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Field Value
 
Title Mudaraba as a Model of Islamic Finance
 
Creator Nidaussalam, M
 
Subject

 
Description Sharia bank has mostly been determined by its absent of rate transaction which is officially decided in agreement between the bank and its customer (akad). Mudharaba, one of the akad variants, offers equity finance requiring profit and loss sharing (PLS). This paper aims to critically discuss the principles of mudharaba commitment, mainly focusing on the process of funding and financing. To argue, mudharaba is an cooperating commitment between two economic agencies for which the first agency expected to provide financial capital while the other takes a part in managerial work-progress. In this process, the more profit for mudharib the more profit for the investor.      Keywords: mudharaba, islamic finance, profit and loss sharing 
 
Publisher IAIN Surakarta
 
Contributor
 
Date 2016-04-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://shirkah.or.id/new-ojs/index.php/home/article/view/11
10.22515/shirkah.v1i1.11
 
Source Shirkah: Journal of Economics and Business; Vol 1, No 1 (2016); 73-92
2503-4243
2503-4235
 
Language eng
 
Relation http://shirkah.or.id/new-ojs/index.php/home/article/view/11/5
 
Rights Copyright (c) 2016 Shirkah: Journal of Economics and Business
http://creativecommons.org/licenses/by-nc/4.0