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Analysis of Business Revenue Residual Sharing System in Cooperatives in Indonesia on Islamic Law Review: A case study at KSU Mitra Bersama in Palu City

International Journal of Business and Social Research

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ISSN 2164-2559
2164-2540
 
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Title Statement Analysis of Business Revenue Residual Sharing System in Cooperatives in Indonesia on Islamic Law Review: A case study at KSU Mitra Bersama in Palu City
 
Added Entry - Uncontrolled Name Djafar, Abidin
Kadorre Pongsibanne, Lebba
Istitut Agama Islam Negeri Palu
 
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Summary, etc. This study aims to explain profit sharing system in Mitra Bersama Cooperative in the Overview of Islamic Law. To achieve this objective, this research uses descriptive qualitative method by employing three data collecting techniques i.e. observation, interview, as well as documentation. The data of this research are obtained from the Chairman, the Secretary and the Employees of the Multipurpose Cooperative (KSU) Mitra Bersama. The results showed that the distribution of Business revenue Residual (SHU), at Mitra Bersama Cooperative, amounted to 5% which was distributed to all members of the cooperative in December. This sharing system displays no injustice and extortion disadvantageous to the cooperative’s members.  It performs an open management system and shares the profits and losses to its members according to the prevailing regulations already known by all shareholders. We concluded that the system of the Business Revenue Residual (SHU) sharing at this Multipurpose Cooperative is permissible in Islam. Therefore, the results of this study can be used as a good model for Business Revenue Residual (SHU) sharing system which conforms to Islamic Law.
 
Publication, Distribution, Etc. LAR Center Press
 
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https://thejournalofbusiness.org/index.php/site/article/view/1093
 
Data Source Entry International Journal of Business and Social Research; Vol 8, No 2 (2018): February
 
Language Note eng
 
Terms Governing Use and Reproduction Note Copyright (c) 2018 Abidin Djafar, Lebba Kadorre Pongsibanne