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A Theory of Mudarabah, the Islamic Profit-Sharing System of Economic Cooperation

In: The Principles of Islamic Political Economy

Author

Listed:
  • Masudul Alam Choudhury

    (University College of Cape Breton)

Abstract

Profit-sharing systems under economic cooperation have been common to many cultures, both historically and in recent times. For example, Christian economists have been arguing for some time in favour of this form of economic arrangement, and against the capitalistic form of corporate management. The labour movement has been identified in this regard on the basis of the social gospel preaching worker solidarity and demand for equitable distribution and management of enterprises, principally of large corporations.1

Suggested Citation

  • Masudul Alam Choudhury, 1992. "A Theory of Mudarabah, the Islamic Profit-Sharing System of Economic Cooperation," Palgrave Macmillan Books, in: The Principles of Islamic Political Economy, chapter 4, pages 92-126, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-22439-5_5
    DOI: 10.1007/978-1-349-22439-5_5
    as

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