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...
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Format: | Conference or Workshop Item |
Language: | English English |
Published: |
2013
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Online Access: | 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 http://irep.iium.edu.my/28778/ |
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Institution: | Universiti Islam Antarabangsa Malaysia |
Language: | English English |