Reconceptualization and Implementation of Syirkah Mudharabah: An Islamic Political Law Analysis

This article seeks to elucidate the fundamental concept of shirkah muḍārabah (business partnership based on sharing agreement) within both classical and contemporary Islamic legal literature, as well as its historical application in Islamic contexts. It endeavors to reconceptualize this notion and i...

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Main Authors: Muhsin Hariyanto, Zuly Qodir
Format: Article
Language:English
Published: Universitas Muhammadiyah Yogyakarta 2025-06-01
Series:Afkaruna: Indonesian Interdisciplinary Journal of Islamic Studies
Subjects:
Online Access:https://journal.umy.ac.id/index.php/afkaruna/article/view/22280
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author Muhsin Hariyanto
Zuly Qodir
author_facet Muhsin Hariyanto
Zuly Qodir
author_sort Muhsin Hariyanto
collection DOAJ
description This article seeks to elucidate the fundamental concept of shirkah muḍārabah (business partnership based on sharing agreement) within both classical and contemporary Islamic legal literature, as well as its historical application in Islamic contexts. It endeavors to reconceptualize this notion and its implementation, particularly within the Indonesian framework, through the lens of Islamic law.  Through library research and critical reconstructive analysis, it is concluded that the concept of shirkah muḍārabah can be effectively implemented, largely devoid of socio-economic and political constraints, particularly in partnership-based business activities between investors-capitalists and proprietors who are committed to conducting business partnerships grounded in trust, founded on the principles of honesty, transparency, and maqāṣid sharīa (higher objectives of Islamic jurisprudence) argument.
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institution Kabale University
issn 2599-0551
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language English
publishDate 2025-06-01
publisher Universitas Muhammadiyah Yogyakarta
record_format Article
series Afkaruna: Indonesian Interdisciplinary Journal of Islamic Studies
spelling doaj-art-3d79e4ddca0b41f3b30f3ce4816492a62025-08-20T04:01:48ZengUniversitas Muhammadiyah YogyakartaAfkaruna: Indonesian Interdisciplinary Journal of Islamic Studies2599-05512599-05862025-06-0121111512410.18196/afkaruna.v21i1.2228018509Reconceptualization and Implementation of Syirkah Mudharabah: An Islamic Political Law AnalysisMuhsin Hariyanto0https://orcid.org/0000-0001-7132-1803Zuly Qodir1https://orcid.org/0000-0001-8568-703XDepartment of Syariah Economics, Faculty of Islamic Studies, Universitas Muhammadiyah Yogyakarta, IndonesiaDepartment of Islamic Political Sciences, Universitas Muhammadiyah Yogyakarta, IndonesiaThis article seeks to elucidate the fundamental concept of shirkah muḍārabah (business partnership based on sharing agreement) within both classical and contemporary Islamic legal literature, as well as its historical application in Islamic contexts. It endeavors to reconceptualize this notion and its implementation, particularly within the Indonesian framework, through the lens of Islamic law.  Through library research and critical reconstructive analysis, it is concluded that the concept of shirkah muḍārabah can be effectively implemented, largely devoid of socio-economic and political constraints, particularly in partnership-based business activities between investors-capitalists and proprietors who are committed to conducting business partnerships grounded in trust, founded on the principles of honesty, transparency, and maqāṣid sharīa (higher objectives of Islamic jurisprudence) argument.https://journal.umy.ac.id/index.php/afkaruna/article/view/22280syirkahmudharabahlimited companymaqashid syariahislamic commercial law
spellingShingle Muhsin Hariyanto
Zuly Qodir
Reconceptualization and Implementation of Syirkah Mudharabah: An Islamic Political Law Analysis
Afkaruna: Indonesian Interdisciplinary Journal of Islamic Studies
syirkah
mudharabah
limited company
maqashid syariah
islamic commercial law
title Reconceptualization and Implementation of Syirkah Mudharabah: An Islamic Political Law Analysis
title_full Reconceptualization and Implementation of Syirkah Mudharabah: An Islamic Political Law Analysis
title_fullStr Reconceptualization and Implementation of Syirkah Mudharabah: An Islamic Political Law Analysis
title_full_unstemmed Reconceptualization and Implementation of Syirkah Mudharabah: An Islamic Political Law Analysis
title_short Reconceptualization and Implementation of Syirkah Mudharabah: An Islamic Political Law Analysis
title_sort reconceptualization and implementation of syirkah mudharabah an islamic political law analysis
topic syirkah
mudharabah
limited company
maqashid syariah
islamic commercial law
url https://journal.umy.ac.id/index.php/afkaruna/article/view/22280
work_keys_str_mv AT muhsinhariyanto reconceptualizationandimplementationofsyirkahmudharabahanislamicpoliticallawanalysis
AT zulyqodir reconceptualizationandimplementationofsyirkahmudharabahanislamicpoliticallawanalysis