Profit, its types and legal provisions

Abstract

This research aims to shed light on the types of profit in transactions as per Islamic law. It demonstrates that profit includes material and spiritual forms, detailing the rulings on profit as a result of actions by the accountable, with each action having a legal ruling prescribed by the sacred law. Profit is categorized based on the classifications of legal rulings, such as obligation, prohibition, recommendation, dislike, and permissibility. It also explores how the accountable individual can classify the profits obtained from transactions into types, each with its own relevant rulings, distinguishing between what is permissible, forbidden, and otherwise, based on its type and classification. The legal evidence upon which the ruling on obtained profit is based is also discussed.