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...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Center for Central Banking Research and Education, Bank Indonesia
2015
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Subjects: | |
Online Access: | http://irep.iium.edu.my/46457/ http://irep.iium.edu.my/46457/ http://irep.iium.edu.my/46457/1/46457.pdf |