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Theory of profit from Islamic perspective


  • Hasan, Zubair


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

Suggested Citation

  • Hasan, Zubair, 2008. "Theory of profit from Islamic perspective," MPRA Paper 8129, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:8129

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    References listed on IDEAS

    1. Hasan, Zubair, 1983. "Profit Theory: the Islamic viewpoint," MPRA Paper 3012, University Library of Munich, Germany.
    2. Peter L. Bernstein, 1953. "Profit Theory — Where Do We Go from Here?," The Quarterly Journal of Economics, Oxford University Press, vol. 67(3), pages 407-422.
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    More about this item


    Islam; risk; uncertainty; innovations; wages; interest; rent; entrepreneur; competition;

    JEL classification:

    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution

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