Economy Islam & Islamic Bank

Selasa, 11 November 2008

Capital in the Islamic Perspective

Capital in the Islamic Perspective

Capital in the capital called in English means goods produced by natural or man-made, are not required to meet directly, but the human desire to help others produce goods which will be able to meet the needs of people directly and generate profits (See, William N . Loucks, and J. Weldon Hoot, See, William N. Loucks, and J. Weldon Hoot, Comparative Economic Systems, pp. 19 Comparative Economic Systems See, William N. Loucks, and J. Weldon Hoot, Comparative Economic Systems, pp. 19, case. 19). Physically, there are two types of capital that is fixed capital and circulating capital. Fixed capital such as buildings, machinery or factories; the objects when the benefit is not reduced substansinya existence. The circulating capital such as basic materials and money when the benefit, substansinya also lost. Differences in both sharia can we see the following. The capital remained generally can be rented, but can not be loaned (qardh). While the circulation of capital that can be loaned consumptive (qardh) but can not be rented. This is because ijarah in Islam can only be performed on objects that have characteristics, substansinya can be enjoyed separately or simultaneously. When a rented goods, the benefits of these goods are separated from the owner. It now enjoyed by tenants, but remain in the ownership status of the owner. When the lease expired, the goods are returned to the owner in the situation to normal.

Money does not have attributes, such as this. When someone using the money, the money is spent. If he is using money from the loan, he bears as much as the amount of debt that must be used, and in return the same amount (mitsl) is not substansinya (a'in).

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