معرفت اقتصاد اسلامی

One of the issues and dilemmas of the capital market is profit management, which is frequently applied in public companies. Using a jurisprudential approach and ijtihad method, this article analyzes the different dimensions of this issue in order to derive its jurisprudential ruling. With this analysis, some of the jurisprudential issues surrounding it are answered. Profit management, in addition to temporary income and limited additional rewards for managers or other stakeholders, imposes many costs on the people and the country's economy from the path of efficiency and suboptimal allocation of scarce resources to less efficient investments. In its jurisprudential analysis, the article came to the conclusion that, firstly, opportunistic profit management has no place in the Islamic economy; Islam does not allow company managers to transfer money from the nation to themselves or some of the beneficiaries in this way; Secondly, profitable management is legal, provided that it is not motivated by personal interests and misleading the beneficiaries.