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How to Avoid the Get-Rich-Quick Mentality in Investing
The allure of rapidly becoming wealthy is natural and strong for a human being. It’s a mindset that causes people to make poor choices fall into traps and suffer significant losses when investing. Influencers promote the next big thing that include flashy schemes entice even astute investors and headlines enormous returns promise. Get rid of the get-rich-quick mentality before it…
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Profit Sharing or Usury? Know the Difference from the Start
Have you ever heard someone say, “Relax, this is a sharia investment. The profit sharing system, not interest.” It sounds really sweet, like it’s definitely halal, safe, and blessed. But… wait a minute. Are all those who claim to “profit sharing” automatically free from usury? Not necessarily. Because in fact, there are so many investment practices that claim to be…
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Honesty Not Just Strategy, But Personal Awareness
Have you ever heard the term “business is about trust”? But, have you ever thought: what is trust built from? One answer is honesty. In the increasingly competitive business world, many people think that success requires cunning, being good at outsmarting the market, or being good at playing with prices. But in Islam, honesty and personal awareness are the key…
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Positive Sum Game as Islamic Investment Value
Ethical considerations are essential and not optional in Islamic finance. The values of justice openness and reciprocity must guide investments. The positive sum game is a key idea that embodies these principles. Gaining insight into this idea helps one better understand how Islamic investments ought to function. Zero Sum Game versus Positive Sum Game A situation in which the total…
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Patience as a Virtue of a Muslim Investor
Patience is a mental anchor that determines ones success or failure in the world of investing not just a tactic. Patience has two qualities for a Muslim investor: it protects against market swings and reflects Islamic morality and faith. One of the fundamental virtues of Islam praised by Allah ﷻ and the Prophet Muhammad ﷺ is patience (sabr) which is…
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The Urgency of Real Sector Investment in Islam
Since it represents concrete economic activities like production, trade and services, the real sector forms the basis of any economy. From an Islamic standpoint, real sector investments are not only welcomed but also seen as being more in line with Shariah values which place a strong emphasis on expediency, sustainability and justice. Unlike the speculative instruments found in the traditional…
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The Urgency of Fulfilling Terms and Conditions in Islamic Business Partnership Contracts
One of foundations of Islamic finance is business contracts like mudharabah and musharakah. These contracts depend on openness, trust and rigorous adherence to terms and conditions that have been agreed upon by both parties. According to Islamic jurisprudence upholding these terms is mandatory and has a direct impact on the legitimacy of the contract as well as the equitable allocation…
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The Prohibition of Begging in Islamic Law
In Islam begging and panhandling are strictly forbidden unless there is an actual need. Islam emphasizes independence dignity preservation and the value of hard work. The Prophet Muhammad ﷺ cautioned against begging on numerous occasions likening it to facial disfigurement caused by wounds. Begging is frequently viewed in contemporary society as a simple way to get out of financial difficulties.…
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Special Meanings on Eid al-Fitr That Are Rarely Known
Soon we will welcome Eid al-Fitr! Wow, it doesn’t feel like Ramadan is almost over. It feels like just yesterday we had our first sahur, eh now we’re already preparing for takbiran. But, are you ready to welcome this day of victory? So that it’s not just an ordinary celebration, let’s discuss how to welcome Eid al-Fitr in a more…
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How to Pray Eid Al Fitr According to the Sunnah
Have you ever thought about how to make our Eid Al-Fitr prayer not just an annual routine, but truly according to the sunnah of the Prophet Muhammad ﷺ? It turns out, there is a secret behind the procedure for Eid Al-Fitr prayer that makes our worship more meaningful and full of blessings. Come on, let’s reveal one by one how…
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