Comparison of the concepts of interest and profit in terms of Islamic economics

The concept of interest and profit, which is as old as the history of humanity, constitutes the essence of our work. The problem here is that Islam sees profit as legitimate and prohibits interest. In order to solve this problem, the concept of interest is primarily mentioned in our study. Interest and related concepts are explained and the relationship between them is explained. In order to understand the issue deeply, the concept of interest in the Qur'an and Sunnah, which is the source of legitimacy of the religion of Islam, has been mentioned. It is aimed to draw attention to what kind of action the interest arises. In the second part of our study, the concept of profit and other related concepts are explained. The reasons for the formation of profit, which is seen as legitimate by Islam, in other words, the series of events that draw profit to the ground of legitimacy have been tried to be conveyed. By giving place to the concept of profit in classical economic thought, it is possible to compare it with an Islamic point of view. In the third chapter, comparisons such as the comparison of profit and interest, the actions of the parties, the goods subject to the contracts, their social effects and the risk assumptions of the parties, and the points of similarity and divergence between the concepts of interest and profit are mentioned. In conclusion, this study aims to reveal and compare the concepts of interest and profit from an Islamic perspective.