Proceedings of the 1st International Conference on Economics, Management, Accounting and Business, ICEMAB 2018, 8-9 October 2018, Medan, North Sumatra, Indonesia

Research Article

Profit Sharing System for Rice Farming Business on Moslem Communities in South Sulawesi

  • @INPROCEEDINGS{10.4108/eai.8-10-2018.2288728,
        author={Alimuddin Alimuddin and Aini Indrijawati and Muh. Ashari and Afdal Afdal},
        title={Profit Sharing System for Rice Farming Business  on Moslem Communities in South Sulawesi},
        proceedings={Proceedings of the 1st International Conference on Economics, Management, Accounting and Business, ICEMAB 2018, 8-9 October 2018, Medan, North Sumatra, Indonesia},
        publisher={EAI},
        proceedings_a={ICEMAB},
        year={2019},
        month={10},
        keywords={profit sharing rice farming business farmer landowners},
        doi={10.4108/eai.8-10-2018.2288728}
    }
    
  • Alimuddin Alimuddin
    Aini Indrijawati
    Muh. Ashari
    Afdal Afdal
    Year: 2019
    Profit Sharing System for Rice Farming Business on Moslem Communities in South Sulawesi
    ICEMAB
    EAI
    DOI: 10.4108/eai.8-10-2018.2288728
Alimuddin Alimuddin1,*, Aini Indrijawati1,*, Muh. Ashari1,*, Afdal Afdal1,*
  • 1: Hasanuddin University Alimuddin, Jalan Perintis Kemerdekaan km 10, Makassar, Indonesia
*Contact email: alimuddin.febuh@gmail.com, ainiindrijawati@yahoo.com, muhari@fe.unhas.ac.id, afdal091@gmail.com

Abstract

This study aims to examine the profit sharing system of rice farming business in Muslim communities in South Sulawesi. The research method uses descriptive qualitative with literature study based on the Qur'an and Sunnah to determine whether the profit sharing system is applied according to Islamic sharia. Data sources used in this study are primary data collected by interview and observation methods. The data obtained were then analyzed descriptively qualitative and measured by comparing profit sharing with provincial minimum wages and returns on sukuk investments. The results showed that profit sharing of rice farming business is applied to moslem community in South Sulawesi, and showed that profit sharing received by farmers was greater than minimum wages standard in South Sulawesi Province and profit sharing received by the landowners was greater than the sukuk return if using tertiary irrigation channels.