Tag Archives: Islamic Law

Profit Sharing System in Islamic Economic Perspective: A Case Study of Raden Saleh Car Rental in Palu Municipality Indonesia (Published)

The study is aimed at describing two things i.e. the mechanism about profit sharing system of Raden Saleh car rental business in Palu municipality and the  review of the profit sharing business system according to Islamic law. Descriptive qualitative method was used by employing three data collection instruments namely observation, interview, as well as documentation. The data were then checked, managed, analyzed and linked to the principles of Islamic financial system. The results showed that: (1) Raden Saleh Car Rental shared profits between car owners and a rental manager who agrreed to use akad mudharabah, muthalaqah, in which the car owner got 85%, while  the rental manager got 15%. of the rental car profits. The rental Manager is obligated to pay IDR. 125.000,-for one rented car to the car owners every month. (2) In implementing the profit sharing, both the car owners and the rental manager signed a business contract which contains principles of Islamic law i.e. the profits are shared between the two parties based on mutual agreement that does not cause financial loss for one another, (3) Thing that violated the principles of Islamic shari’a was found in which the rental manager did not tnotify the car owners about the increase in rental car cost in special days e.g. new year and the fest of Islam such as Idul Fitri and Idul Adha. It had caused a loss on the car owners because they did not get a reasonable profit .

Keywords: Akad Mudharaba, Car Rental, Islamic Law, Muthalaqah, Profit Sharing


Modern armed conflicts are employed in a wide array of operations that range from peacetime to outright international armed conflict, and thence the necessity to regulate armed conflicts especially in the conduct of hostilities. Islamic Law has a complete system of law has corresponding rules regulating the conduct of hostilities and imbibe therein is the elementary considerations of humanity. This paper examines the principles regulating the conduct of hostilities under Islamic Law compared to the International humanitarian laws of the Geneva Conventions and concludes that the fundamental rules and principles of international humanitarian law relating to restriction on the means and methods of warfare, principle of proportionality, use of force, inviolability of civilian and non – combatant population and property as well as protection of the wounded, sick, ameliorate and captured combatants and or prisoners of war show striking similarities with that of the Geneva Conventions

Keywords: Geneva Conventions, Hostilities, International Humanitarian Laws, Islamic Law