This paper presents views on profit from Islamic perspective. The profit is one of the aims of the transaction such as loan, hire-purchase and purchase. However, the determination of the profit rate in Islam has boundaries. There are three main point has been discussed in this paper such as profit maximization in Islam, profit rate which prohibited in Islam and the determination of the profit. This paper reviews the way to acquire profit that follows Shariah compliance.
Published in: 5th North American International Conference on Industrial Engineering and Operations Management, Detroit, USA
Publisher: IEOM Society International
Date of Conference: August 9-11, 2020
ISBN: 978-0-9855497-8-7
ISSN/E-ISSN: 2169-8767
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