According to Catherine (2015) AU61: The in-text citation "Catherine (2015)" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. the underlying principles governing Islamic finance mutually-risk and profit sharing between parties, guarantees of justice based on standards of Sharia compliance checks underlying Sharia-based business activities and assets. This encourages entrepreneurship, trade and commerce, but prohibit activities that involve “Riba” (interest), “Maisir” (gambling) and “Gharar” (speculative trading). There is a consensus among all Islamic law prohibits business operations involving interest and gambling, and they are in the production, distribution, promotion and sale of goods or services of non-Halal as alcohol and pork, and entertainment facilities immoral such as brothels, pubs, massage parlors and discotheques. AU62: Could not find a publisher location in a book reference (in reference "Supply Chain Flow, 2013").
Published in Chapter:
Missing Part of Halal Supply Chain Management
Copyright: © 2019
|Pages: 11
DOI: 10.4018/978-1-5225-7362-3.ch084
Abstract
The Halal product industry should make sure all companies, especially companies supply chains, guarantee product Halalness. Some research about Halal supply chain is already published and gives various perspectives about this topic. Unfortunately, one thing not discussed in the previous research is an Islamic financial system that actually supports operation of the Halal supply chain because the Halal supply chain cannot be Halal or barakah if the supply chain financing does not also comply with Islamic law. This chapter discusses Islamic financial systems that include the Halal supply chain such as a Halal fund for the supply chain cost and Halal Financial flow and brings a new perspective and definition of Halal supply chain management.