Some Problems on the Making of Mathematical Modelling of a Profit-Loss Sharing Scheme Using Data Simulation

Some Problems on the Making of Mathematical Modelling of a Profit-Loss Sharing Scheme Using Data Simulation

The mathematical model for a profit-loss sharing scheme is formulated in order to see how this scheme can replace the traditional practice of lending money against high interest by usurers. It is sourced from the musyarakah method in Islamic Syariah law and implemented for small-scale investments of...

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Bibliographic Details
Main Authors: Novriana Sumarti, Kuntjoro Adji Sidarto, Muhammad Syamsuddin, Vina Fitriyani Mardiyyah, Abu Rizal
Format: Article
Language:English
Published: ITB Journal Publisher 2015-03-01
Series:Journal of Mathematical and Fundamental Sciences
Subjects:
data simulation
mathematical models
micro-credit scheme
micro-financing
optimization problems
Online Access:http://journals.itb.ac.id/index.php/jmfs/article/view/460

Internet

http://journals.itb.ac.id/index.php/jmfs/article/view/460

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