Islamic finance: grasping with price and profit theory
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The Halal industry comprising of bank and non-banking firms is hardly visible in theoretical rigor except for the Shariah rules it promotes to exert religious labelling. While Islamic banks pay greater attention the elimination of riba, gambling and ambiguities in financing contracts to claim Shariah legitimacy, non-banking companies are more concerned about halal slaughtering, avoidance of pork in the production process, prevention of food adulteration, promoting hygiene in food preparation and many more.
Islamic finance , Islamic banking , Halal industry , Profit theory
Rosly, Saiful Azhar. (2018). Islamic finance: grasping with price and profit theory. Wahed Invest, (September 2018). Retrieved from https://journal.wahedinvest.com/islamic-finance-grasping-with-price-and-profit-theory/