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Market and Prices in Islamic Perspective

INTRODUCTION The subject of this paper is common yet essential to any economic study because it deals with an issue important to understand both microeconomic and macroeconomic theories. Many people wrote on this subject, and one finds a chapter on market and prices in almost every elementary and intermediate text; book on economics. This paper…

Sharia Economics

As a complete way of life, Islam has provided guidelines and rules for every sphere of society. Naturally, a functioning economic system is vital of a healthy society, as the consumption of goods and services and the facilitation of this by a common medium of exchange play a major role in allowing people to realize…

RIBA IN THE HOLY QUR’AN

RIBA IN THE HOLY QUR’AN 1. First Revelation (Surah al-Rum, verse 39) That which you give as riba to increase the peoples’ wealth increases not with God; but that which you give in charity, seeking the goodwill of God, multiplies manifold. (30:39). 2. Second Revelation (Surah al-Nisa’, verse 161) And for their taking riba even…

Shari’a Mutual Funds Paper

Pengaruh Kebijakan Alokasi Aset dan Pemilihan Sekuritas Terhadap Kinerja Reksadana Syariah Catur Kuat Purnomo Alumnus Jurusan Manajemen Keuangan MMUGM ABSTRACT The purpose of this research is to understanding how the influence of asset allocation policy and securities selection toward the performance of shari’a funds is. The methods, used to gauge…

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