LABOR AND WAGE IN ISLAM

Journal Title: Academic Research International - Year 2018, Vol 9, Issue 1

Abstract

Labor and wages are inseparable. Both are always interesting theme to be studied. The discussion of wages at moment is a hot topic to talk about. On the one hand, the workers have the right to demand a wage increase given the higher prices of basic necessities. On the other hand, the entrepreneurs also have the right to gain a profit that can ensure the sustainability of their business where too high wage increases can cause the production costs to swell and make the investment climate unfavorable. . Wages or ujroh in Islam are closely related to material concepts and moral ethics, in contrast to conventional economics which holds that wages are merely a material concept. That is why the alternative wage system that Islam gives is very different from conventional economic concept.

Authors and Affiliations

Sri Herianingrum, Abdul Fatah

Keywords

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  • EP ID EP595347
  • DOI -
  • Views 125
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How To Cite

Sri Herianingrum, Abdul Fatah (2018). LABOR AND WAGE IN ISLAM. Academic Research International, 9(1), 183-193. https://europub.co.uk/articles/-A-595347