Abstract
Only a few studies concern on analyzing the different concept of profit sharing in PT (Limited Company) using Syirkah concept especially based on maqashidsyariah point of view. Dividend is considered as a realization of sharing profit acquired by enterprises during one accounting period, where all profit will be given to the owner (shareholders), while their organizer receive salary where the salary includes one of production factors and cost components in determining cost of produced goods. The Syirkah concept prioritizes justice aspect more in distributing income, where organizers (Mudhorib/ Musyarik) and shareholders (ShahibulMaal) acquire proportional profit sharing based on their dedicated contribution. Therefore, it will lead to economic gap due to unequal profit distribution. This study aims at studying those two aspects above by employing maqashidsyariah approach. This study explains in a descriptive and qualitative content analysis of the object matter. The data used in this study are primary data and secondary data obtained from the results of observations and data retrieved from literature, journals, and information relating to Islamic capital market system. Data collection techniques used were interviews, observation, and then it was conducted a critical analysis of the implementation of profit sharing and dividend from maqashidsyariah view. The findings showed that the application of Syirkah concept serve more maslahah (kindness) and in line with Maqashid Shariah view, while the concept of dividend contradicts with justice principle and does not endorse to MaqashidShariah. Moreover, the Syirkah model offers some benefits in society, collaboration, unity, and strengthens
national economy

Keywords: Dividend, Syirkah, Justice, welfare, maqashid syariah

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