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Abstract

This study aims to analyze the Islamic economy's vision of the trade union strategy in the labor market. The study sought to define the concepts of monopoly, pricing and related wages. It also attempted to elicit the bases to determine the wages in labor market within the framework of an Islamic economy. The researcher followed the inductive approach to presenting the economists' opinions on trade unions' strategy and jurists' opinions on pricing, monopoly, and wages. The study concluded by providing practical proposals for mechanisms for determining wages in an Islamic economy. The study also identified the basic criteria for determining wages.

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Article Details

How to Cite
Hersh , A. F. (2020). Trade Union Strategy in the Labor Market (Islamic Economic Perspective). Management & Economics Research Journal, 2(1), 32-49. https://doi.org/10.48100/merj.v2i1.73
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