Profit-Sharing Practices of Mappatungka Cattle Farming in the Perspective of Mudharabah Contract
A Study in Karella Village, Bone Regency
Keywords:
mappatungka cattle farming, profit-sharing, mudharabah, justice, Islamic economicsAbstract
This study examines the profit-sharing practice of mappatungka cattle farming developed in Karella Village, Bone Regency, from the perspective of the mudharabah contract. This practice represents a traditional form of cooperation between capital owners and cattle farmers that is predominantly conducted through oral agreements and grounded in mutual trust. The study aims to analyze the cooperation mechanism, the profit-sharing system, and its conformity with mudharabah principles and the concept of justice in Islamic economics. Employing a qualitative descriptive approach, data were collected through observation, in-depth interviews, and documentation involving actors engaged in mappatungka cooperation. The findings reveal that, substantively, the mappatungka practice reflects values of justice, mutual assistance, and profit-sharing based on mutual agreement. However, from a normative perspective, this practice has not fully complied with the formal requirements of a mudharabah contract, particularly regarding contractual clarity and agreement documentation. This study contributes to the discourse on Islamic economic law by highlighting the dynamic relationship between local economic practices and Sharia principles, while emphasizing the importance of strengthening legal-formal aspects without undermining the social values deeply embedded within the community.
References
AAOIFI. (2017). Shariah Standards. Manama: Accounting and Auditing Organization for Islamic Financial Institutions.
Al-Kāsānī, A. B. (1986). Badā’i‘ al-Ṣanā’i‘ fī Tartīb al-Sharā’i‘. Beirut: Dār al-Kutub al-‘Ilmiyyah.
Al-Qaraḍāwī, Y. (1997). Dawr al-qiyam wa al-akhlāq fī al-iqtiṣād al-islāmī. Kairo: Maktabah Wahbah.
Al-Shāṭibī, A. I. (2004). Al-Muwāfaqāt fī Uṣūl al-Sharī‘ah. Beirut: Dār al-Kutub al-‘Ilmiyyah.
Ascarya, A., & Rahmawati, S. (2018). The role of profit-and-loss sharing contracts in Islamic finance: Evidence from Indonesia. Journal of Islamic Accounting and Business Research, 9(3), 320–338. https://doi.org/10.1108/JIABR-11-2016-0139
Auda, J. (2008). Maqasid al-shariah as philosophy of Islamic law: A systems approach. London: The International Institute of Islamic Thought.
Azid, T., Asutay, M., & Burki, U. (2019). Theory of the firm, management and stakeholders: An Islamic economic analysis. Humanomics, 35(2), 163–181. https://doi.org/10.1108/H-12-2017-0101
Bensaid, B., Machouche, S., & Grine, F. (2021). Islamic ethics and sustainable development: A maqasid approach. Journal of Islamic Ethics, 5(1), 1–25. https://doi.org/10.1163/24685542-12340048
Haneef, M. A., & Smolo, E. (2020). Governance, ethics and Islamic finance. Journal of Islamic Accounting and Business Research, 11(2), 353–370.
Hassan, M. K., Aliyu, S., Huda, M., & Rashid, M. (2020). A survey on Islamic finance and accounting standards. Journal of Islamic Accounting and Business Research, 11(9), 1787–1812. https://doi.org/10.1108/JIABR-02-2018-0031
Ibn Qudāmah. (1997). Al-Mughnī. Riyadh: Dār ‘Ālam al-Kutub.
Kasri, R. A., & Kassim, S. (2021). Discretionary practices and justice in Islamic profit-sharing contracts. International Journal of Islamic and Middle Eastern Finance and Management, 14(2), 306–322. https://doi.org/10.1108/IMEFM-04-2019-0153
Kementerian Agama Republik Indonesia. (2019). Al-Qur’an dan terjemahannya. Jakarta: Lajnah Pentashihan Mushaf Al-Qur’an.
Khan, F. (2015). How ‘Islamic’ is Islamic banking? Journal of Economic Behavior & Organization, 132, 278–295. https://doi.org/10.1016/j.jebo.2015.06.014
Muneeza, A., & Mustapha, Z. (2019). Legal documentation and Shariah compliance in Islamic finance contracts. Arab Law Quarterly, 33(3), 221–244. https://doi.org/10.1163/15730255-12334046
Qaradawi, Y. (2010). Fiqh al-Mu‘āmalāt al-Māliyyah al-Mu‘āṣirah. Cairo: Dār al-Shurūq.
Rafay, A., & Farid, S. (2019). Dynamic relationship between Islamic banking system and real economy: Evidence from Pakistan. Economic Research-Ekonomska Istraživanja, 32(1), 332–352. https://doi.org/10.1080/1331677X.2018.1550003
Rosly, S. A., & Zaini, M. A. (2017). Risk-sharing and justice in Islamic contracts: A critical appraisal. ISRA International Journal of Islamic Finance, 9(1), 63–79. https://doi.org/10.1108/IJIF-07-2017-006
Sabiq, S. (2006). Fiqh al-sunnah (Jilid 3). Kairo: Dār al-Fath li al-I‘lām al-‘Arabī.
Sairally, S. (2019). Evaluating the ‘Islamicity’ of Islamic finance: A Maqasid-based approach. Journal of Islamic Finance, 8(1), 1–18.
Wahbah al-Zuḥaylī. (2011). Al-fiqh al-islāmī wa adillatuh (Jilid 5). Damaskus: Dār al-Fikr.
Zarqā’, M. A. (2004). Al-madkhal al-fiqhī al-‘ām (Jilid 2). Damaskus: Dār al-Qalam.
Zuḥaylī, W. (2011). Al-Fiqh al-Islāmī wa Adillatuh. Damascus: Dār al-Fikr.
Downloads
Published
How to Cite
Issue
Section
Citation Check
License
Copyright (c) 2026 Hasmiati
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
