Islamic Economics’ Perspective on Labor Relations

Abstract

The situation when employees are not paid wages is more common nowadays, and labor conflicts are mainly related to this. In the Islamic economy, wage arrears and all issues related to it are of fundamental importance, since the relationship between the manager and employees is much closer than with counterparties or creditors. In addition, there are specific aspects that should be taken into account when analyzing these kinds of questions. The purpose of this article is to explore the Islamic economics view of labor relations.