Riba, profit rate, Islamic rate, and market equilibrium
Muslim economists have suggested the profit rate to replace riba in an Islamic economic system. While this suggestion is a step in the right direction, it still has problem since not all profits are halal, as for example, profits from gaming and liquor businesses are definitely haram. This paper dis...
| Main Author: | |
|---|---|
| Format: | Conference or Workshop Item |
| Language: | English English |
| Published: |
2013
|
| Subjects: | |
| Online Access: | http://irep.iium.edu.my/28778/ http://irep.iium.edu.my/28778/1/Riba_Profit_rate_Islamic_rate_and_Market_Equilibrium___Dept_Conference_2013_Camera_Ready.pdf http://irep.iium.edu.my/28778/4/list_of_authors_n_papers.pdf |