Common Contracts
1 similar Profit Sharing Agreement contracts
TINJAUAN HUKUM ISLAM TERHADAP SISTEM KEMITRAAN BAGI HASIL DARI LAHAN PLASMA SAWITProfit Sharing Agreement • July 10th, 2019
The profit sharing agreement is a binding contract. Plasma Land as the agreement object involves three parties, they are PT. Bumitama Gunajaya Abadi as the manager Mitra Behaum Cooperative as the bridge between community and company distributing oil palm monthly, and society as the owners of plasma land provided by local government. The grant of plasma land from local government that has no assurance becomes this study object. Types of profit sharing agreement for agricultural or farm products in Islamic law are: musaqah, muzara’ah and mukhabarah. The study discusses whether the profit sharing of oil palm includes in either one of the systems or creates new case in farm’s profit sharing. The researcher believes that further research should be done answering this problem. The result shows that the agreement used tends to be mukhabarah, that is a cooperation between land manager and owner in agriculture or farm. However, we cannot say the agreement is appropriate for some aspects. In its
