Abstract: research purposes: 1) To find out the maslahah and mafsadah elements of the implementation of the production sharing agreement in Sumberdodol Village Panekan District Magetan Regency. 2) To find out the level of maslahah hifz al-mal on the production sharing agreement in Sumberdodol Village Panekan District Magetan Regency. As for the type of research conducted by the author is field research using qualitative methods, while the data collection techniques used are interviews and obsevations. From this research it can be concluded that 1) The maslahah element in the implementation of the production sharing agreement in Sumberdodol village is that the owner of the gardenhas prospered the farm cultivator by providing a good job. Farmers can work to supplement their family’s needs. While the element of mafsadah is the distribution of results that is not in accordance with the agreement and the cultivator does not yet know the deadline for the end of the collaboration. 2) The level of maslahah hifz al-mal in coorporation for profit sharing in the village of Sumberdodol is included in the Hajiyah level, its existence is needed to provide convenience and eliminate difficulties in human life. Because cultivators and gardeners both provide convenience and benefits.