Revisiting the concepts of money, profit and interest from the perspective of value and diminishing marginal utility

This article is a theoretical article that attempts to clarify the inherent meanings of the concepts of profit and interest, i.e. two important concepts in finance, particularly Islamic Finance. These are age-old concepts in economics that still draw confusion among people. Profit comes from trade a...

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Bibliographic Details
Main Authors: Mydin Meera, Ahamed Kameel, Mubasheera, Hamida
Format: Article
Language:English
Published: Center for Central Banking Research and Education, Bank Indonesia 2015
Subjects:
Online Access:http://irep.iium.edu.my/46457/
http://irep.iium.edu.my/46457/
http://irep.iium.edu.my/46457/1/46457.pdf