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Does Sharia Coffee Business Development Influence Employee’s Welfare?
... Not including from my ummah (people) those who were sleeping while his neighbor sleeps in hunger (Kusumaningtyas & Putranto, 2020). Companies in Islamic economies can pay Zakat to carry out a CSR program, which helps the firm achieves its objectives and increase its market value (Al-Malkawi & Javaid, 2018; Lestari, 2018). ...
... Rasulullah SAW said : Not including from my ummah (people) those who were sleeping while his neighbor sleep in hunger. (Kusumaningtyas & Putranto, 2020) Islamic economic fundamentals cannot be changed. Therefore the weight of Zakat, Sadaqah, Infaq, Endowments both in terms of their importance and consequences remains the same in the twenty-first century. ...
Masalah kemiskinan menjadi fokus pemerintah setiap tahunnya. Dan menjadi topik utama dalam negara dengan penduduk padat seperti Indonesia. Pengentasan kemiskinan dewasa ini selain dimainkan oleh pemerintah juga digerakkan oleh lembaga amal. Sementara kewirausahaan sebagai salah satu organisasi yang membantu pengentasan kemiskinan, menjadi ketertarikan penulis dalam penelitian ini. Penelitian ini mengeksplorasi hubungan antara pengentasan kemiskinan dan kewirausahaan dengan memperluas pemahaman-mekanisme di mana proses kewirausahaan berkontribusi pada pengentasan kemiskinan di wilayah Indonesia.
For most of the people the prohibition on interest is the well known part of Islamic finance. Indeed, the concept of Islamic finance was not being discussed enough till financial crisis, after crisis it started to be seen as an alternative financial system for conventional finance. Sharing the risks is the main concept of Islamic finance and one of the main differences between conventional and Islamic finance. Depositors/savers do not bear any risk in conventional finance however Islamic finance has another solution which is called PLS (profit-loss sharing). Risks and profits between the parties involved in any financial transaction are shared by both financial institutions and depositors/savers with a pre-decided ratio.
While ethics and financial investments seem to be mutually exclusive, ethics have recently become an important issue in the financial field. There is an increased emphasis on the role of faith and religious beliefs on ethical business practices for some investors who not only seek profits through their investments but they also require the achievement of a moral duty beside the quest of wealth accumulation.Since investors become more aware of the benefits of Ethics and socially responsible investment, the interest in Islamic investing and ethically based banking is also increasing.Among the most important objectives of the Islamic finance in general and particularly the Islamic banks, is the establishment of justice and elimination of exploitation in business transaction. This can be done by the prohibition in of all sources of illegal “unjustified” enrichment and the prohibition of dealing in transactions that contain excessive risk or speculation. The paper seeks to explain that the Islamic bank services represent an example of ethically and socially responsible investment.
Reports that there are lessons which can be learned from the Western ethical “green” finance industry for Islamic investors. States that these are that the criteria for investment selection are different, and the modes of permissible financing may also differ, but there are screening and reporting techniques which are of potential importance to both groups of investors. First addresses ethical fund management issues, which should shed some light on the dilemmas facing Islamic investors. Goes on to consider criteria for haram and halal investment, as well as the implications of company capital gearing or leverage for riba. Covers investment specific issues, including the treatment of capital gains in Islam and the evaluation of the conduct of market participants. Finally, surveys emerging markets in the Islamic world, as these are of obvious interest to Muslim investors wishing to broaden their portfolios.
Of the Division of LabourOf the Principle which Gives Occasion to the Division of LabourOf the Natural and Market Price of CommoditiesNote
This paper provides a critique of standard theories of money, in particular those based on money as a medium of exchange. Money is important because of the relationship between money and credit The process of judging credit worthiness, in which banks play a central role, invokes the collection and processing of information. Like many other economic activities involving information, these processes are not well described by means of standard production functions. Changes in economic circumstances can have marked effects on the relevance of previously accumulated information and accordingly on the supply of credit Changes in the availability of credit may have marked effects on the level of economic activity, while changes in real interest rates seem to play a relatively minor role in economic fluctuations.
This alternative view has a number of implications for policy, both at the macroeconomic level (for instance, on the role of monetary policy for stabilization purposes and the choice of targets) and at the microeconomic level.
Islamic Finance: An Efficient and Equitable Option, Islamic Economics Studies IRTI IDB
- M A Al-Jarhi
Al-Jarhi, M.A. :Islamic Finance: An Efficient and Equitable Option, Islamic Economics Studies IRTI
IDB, Jeddah. (2004)
Risk Analysis for Islamic Banks
- H V Greuning
- Z Iqbal
Greuning, H.V. and Iqbal, Z.: Risk Analysis for Islamic Banks, The World Bank, Washington, DC,
p. 20433. (2008)