The problem of labor is one of the key issues in the global era that invokes some important questions concerning value, technicality of being human, and the notion of choice. The idea of labor is closely related to the realization of human?s potentiality in its multidimensional complexity as well as with social structure and national identity of man. This problem of labor is to do not only with economy, but also with social and political system of a nation. In dealing with labor, there always been a tension between capital-owners, laborers, government and even international political power. As a religion that is said to have made economics its ?curriculum?, Islam does have an ?objectivied? concept of labor represented in a kind of partnership that combines shirkah ?ina>n and ija>rah. This partnership necessitates that all parties involved share profit-loss, if any. In this way, no party ?be him laborer, capital-owner, or government- is loosing. Moreover, this system offers three advantages, e.g employee-ownership, production-sharing and profit-sharing.