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Theory of Profit: The Islamic Viewpoint نظرية الربح: وجهة النظر الإسلامية

Author

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  • Zubair Hasan

    (Assistant Professor and Head of the Department of Economics Zakir Husain College, University of Delhi, India.)

Abstract

Much of the literature on Islamic economics in the realm of distribution has so far been mainly concerned with questions relating to interest. Rent and, at times, wages have also been discussed. But the subject of profit continues to remain in a state of almost total neglect. References to it have made occasional appearance in the discussions on mudarabah or the principles of trade. The present paper, therefore, makes a preliminary attempt to look at profit theory from the Islamic viewpoint. --

Suggested Citation

  • Zubair Hasan, 1983. "Theory of Profit: The Islamic Viewpoint نظرية الربح: وجهة النظر الإسلامية," Journal of Research in Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 1(1), pages 3-14, January.
    • Handle: RePEc:abd:crieja:v:1:y:1983:i:1:no:1:p:3-14
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    Citations

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    Cited by:

    1. Hasan, Zubair, 2014. "Risk sharing versus risk transfer in Islamic finance: revised," MPRA Paper 62826, University Library of Munich, Germany, revised Mar 2015.
    2. Hasan, Zubair, 2016. "Risk-sharing the sole basis of Islamic finance? time for a serious rethink," MPRA Paper 72252, University Library of Munich, Germany, revised 15 Apr 2018.
    3. Hasan, Zubair, 2015. "Risk-sharing: the sole basis of Islamic finance? It is time for a serious rethink," MPRA Paper 66895, University Library of Munich, Germany.
    4. Zubair Hasan, 2016. "Risk-Sharing: The Sole Basis of Islamic Finance? Time for a Serious Rethink المشاركة في المخاطر: الأساس الوحيد للتمويل الإسلامي؟ حان الوقت لإعادة التفكير الجدي في الموضوع," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 29(2), pages 23-36, January.
    5. Hasan, Zubair, 2014. "Risk sharing versus risk transfer in islamic finance," MPRA Paper 62810, University Library of Munich, Germany, revised Mar 2015.
    6. Güney, Necmeddin, 2018. "The Basis for Legitimate Entitlement to Profit in Islamic Law," Working Papers 2018-5, The Islamic Research and Teaching Institute (IRTI).
    7. Hasan, Zubair, 2015. "Risk sharing versus risk transfer in Islamic Finance: A critical appraisal," MPRA Paper 65028, University Library of Munich, Germany, revised May 2015.
    8. Hasan, Zubair, 2015. "Risk sharing versus risk transfer in islamic finance," MPRA Paper 62847, University Library of Munich, Germany, revised Mar 2015.
    9. Hasan, Zubair, 2008. "Theory of profit from Islamic perspective," MPRA Paper 8129, University Library of Munich, Germany.
    10. Tarik AKIN & Abbas MIRAKHOR, 2016. "Efficiency with Rule-Compliance: A Contribution to the Theory of the Firm in Islamic Economics," Journal of Economics and Political Economy, KSP Journals, vol. 3(3), pages 560-574, September.

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