- Blog
Ethics of Profit-Sharing Negotiations in Islam
In Islam, profit sharing negotiations are never solely focused on results. It has to do with reaching a consensus with full agreement from each party. Our Ethics, character and intention are all reflected in the process itself, in the way we conduct ourself in the negotiation, in the way we value our business partner and their effort in profit percentage,…
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Mudharabah in Islamic Bank
Mudharabah is a key concept in the Islamic business and economic system. This contract serves as a foundation for financing and fundraising instruments in the Islamic financial industry. Based on profit-sharing based on business performance, the Mudharabah contract is considered fairer and more equitable than conventional interest-based lending systems, which burden business managers in the event of adverse events. This…
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How to Attract Investors in Crowdfunding
Crowdfunding has become a popular alternative method of raising capital for projects and businesses. In recent years, Islamic Securities Crowdfunding (SCF) has emerged as an attractive option for entrepreneurs and investors who prioritise sharia principles in doing business. However, attracting investors’ attention to Islamic SCF requires the right strategy and a deep understanding of what their concerns are. This article…
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Is Modern Feminism Dangers? How Islamic See about Feminism in Islam
In the modern world, womens empowerment and pursuit of freedom, equality and recognition is embodied by modern feminism. Although this may seem like a universally positive statement, Islam has a different perspective on these kinds of movements: “not all movements that promise liberation actually achieve it”. The crucial question is whether modern feminism gradually distances women from their nature, families…
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The History of Crowdfunding in Modern Era
Crowdfunding is the practice of raising funds for various types of endeavours, such as product ideas, businesses, or activities. Although it sounds modern, this practice has actually been around for centuries. The history of crowdfunding can be traced back to the past, when individuals or groups sought financial support from the community to realise their projects or ideas. This article…
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Differences Between Sharia Securities Crowdfunding and Sharia Peer-to-Peer Lending
In recent years, the development of financial technology (fintech) in Indonesia has significantly impacted the access to capital for Micro, Small, and Medium Enterprises (MSMEs). Two popular fintech innovations in the context of sharia financing are Sharia Securities Crowdfunding (SCF) and Sharia Peer-to-Peer (P2P) Lending. Both offer different solutions for MSMEs to obtain funds in accordance with sharia principles. Definitions…
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How Rasulullah Wives Got Their Living After His Passing
Prophet Muhammad ﷺ’s wives or what usually known as Ummahatul mu’minin (Mothers of believers) are some of the most important women in the history of Islam and Prophet Muhammad ﷺs life. They were the ones who took care of his personal life is his prophetic years. And they are consider as mothers for Islamic ummah as stated in this verse:…
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Should Wife Contribute Financially When She is a Working Wife?
“If a wife works, should she contribute to household expenses?” is a common question in many contemporary households. It’s a sensitive subject because while Islamic law clearly grants a working wife control over her earnings, the demands of modern life can make cooperation betweeen husband and wife financially seem necessary. Lets examine what Islamic teachings truly say about it. What…
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Khadijah Radhiyallahu Anha: The Perfect Example of a Wife
In his journey of life and da’wah, The Prophet Muhammad ﷺ was surrounded by companions and friends who were always ready to strengthen him, help him, and even sacrifice themselves for him. The Prophet’s closest friends such as Abu Bakr, Umar bin Al-Khattab, Uthman bin Affan, Ali bin Abi Talib and other friends, Radhiyallahu anhum were the pillars who supported…
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How to View Loss Sharing in a Mudharabah Contract from the Income Statement
Mudharabah is a form of business cooperation in Islamic finance where one party provides capital (shahibul maal) and the other provides expertise and labor (mudharib). It is important for both parties to understand how losses are shared in this contract, especially through the analysis of the income statement. A good understanding of loss distribution helps maintain trust and harmonious cooperation…
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