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Theory of profit from Islamic perspective

Zubair Hasan

MPRA Paper from University Library of Munich, Germany

Abstract: This work examines the theory of profit in mainstream microeconomics from Islamic perspective. It does not deal with various profit theories in their historical order. Instead, it adopts an issue-wise approach and discusses questions such as what is profit, what are its sources of emergence,what is the relationship between profit and other factor rewards - interest rent and wages - with reference to distributive justice

Keywords: Islam, risk, uncertainty, innovations; wages; interest; rent; entrepreneur; competition (search for similar items in EconPapers)
JEL-codes: D33 (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-cwa and nep-hpe
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