Proceedings of the 4th International Conference on Accounting, Management, and Economics, ICAME 2019, 25 October 2019, Makassar, Indonesia

Research Article

Finding Ownership Structure in the Mining Industry by Using Islamic According Perspective

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  • @INPROCEEDINGS{10.4108/eai.25-10-2019.2295389,
        author={Andi Sri Wahyuni and Agung  Juliarto and Anis  Chariri},
        title={Finding Ownership Structure in the Mining Industry by Using Islamic According Perspective},
        proceedings={Proceedings of the 4th International Conference on Accounting, Management, and Economics, ICAME 2019, 25 October 2019, Makassar, Indonesia},
        publisher={EAI},
        proceedings_a={ICAME},
        year={2020},
        month={6},
        keywords={islamic accounting the mining excavation businesses the ownership structure},
        doi={10.4108/eai.25-10-2019.2295389}
    }
    
  • Andi Sri Wahyuni
    Agung Juliarto
    Anis Chariri
    Year: 2020
    Finding Ownership Structure in the Mining Industry by Using Islamic According Perspective
    ICAME
    EAI
    DOI: 10.4108/eai.25-10-2019.2295389
Andi Sri Wahyuni1,*, Agung Juliarto2, Anis Chariri2
  • 1: Politeknik Negeri Ujung Pandang, Makassar
  • 2: Diponegoro University, Semarang
*Contact email: andisriwahyuni@poliupg.ac.id

Abstract

This study is intended to find the fair distribution of ownership structure in extractive industries. The analysis was conducted on financial reporting documentation published by PT Freeport Indonesia—via its official online website—by using a critical perspective approach. As a knife to criticize the existing system, the doctrine of Islamic Economics is used. From this analysis, we find that the three owners of mining excavations obtained are the government as state managers, paid in the form of state taxes; the weak and oppressed communities, paid in the form of zakat; and the owner of the mine excavations themselves who have done work to obtain it.