KONSEP WAKTU PADA SISTEM TIME VALUE OF MONEY DAN ECONOMIC VALUE OF TIME; PERSPEKTIF ISLAM

Ridan Muhtadi; Moh. Fudholi; Mohsi Mohsi; Fahmi as-Sulthoni; Zainurrafiqi Zainurrafiqi

Article Details

KONSEP WAKTU PADA SISTEM TIME VALUE OF MONEY DAN ECONOMIC VALUE OF TIME; PERSPEKTIF ISLAM

Authors:

Ridan Muhtadi | Moh. Fudholi | Mohsi Mohsi | Fahmi as-Sulthoni | Zainurrafiqi Zainurrafiqi

Publisher:

LP2M IAI Miftahul Ulum Pamekasan

Main Topics:

Religion | Education

Journal:

Ulumuna: Jurnal Studi Keislaman Vol.3 Issue 1, pp.0-0

Document Type:

Article

Publication Date:

1/2017

Document Language:

English

Document ID (Org No.):

2001871674

pISSN:

2442-8566

Abstract:

 Money becomes a business commodity for profit without regard to normative realities and human ethics. The concept of time value of money remains a subject of debate among Muslim scholars because it is considered to provide justification for usury. In conventional economic practice the concept of time value of money is known, which is a concept of adopting a biological model that results in the value of money today being more valuable than in the future. At first glance, it appears that Islam sets a double standard by looking at time differently in two this case: on the one hand, Islam makes it part of the price in the case of deferred sales but eliminates any value in terms of loans. We believe that this issue requires a more comprehensive consideration to know, beyond this apparent duality, the true perception of Islam about the role of time economy.

Article Details

KONSEP WAKTU PADA SISTEM TIME VALUE OF MONEY DAN ECONOMIC VALUE OF TIME; PERSPEKTIF ISLAM

Authors: Ridan Muhtadi | Moh. Fudholi | Mohsi Mohsi | Fahmi as-Sulthoni | Zainurrafiqi Zainurrafiqi

Publisher: LP2M IAI Miftahul Ulum Pamekasan

Main Topics: Religion | Education

Journal: Ulumuna: Jurnal Studi Keislaman Vol.3 Issue 1, pp.0-0

Document Type: Article

Publication Date: 1/2017

Document Language: English

Document ID (Org No.): 2001871674

pISSN: 2442-8566

Issues

Authors:

Ridan Muhtadi | Moh. Fudholi | Mohsi Mohsi | Fahmi as-Sulthoni | Zainurrafiqi Zainurrafiqi

Publisher:

LP2M IAI Miftahul Ulum Pamekasan

Main Topics:

Religion | Education

Journal:

Ulumuna: Jurnal Studi Keislaman Vol.3 Issue 1, pp.0-0

Document Type:

Article

Publication Date:

1/2017

Document Language:

English

Document ID (Org No.):

2001871674

pISSN:

2442-8566