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Status-Driven Lifestyles in Islam
A person’s life can be subtly taken over by pride and the need to uphold a specific social image. It shows up as demanding more luxury than is necessary concealing hardships to look successful or turning down assistance merely to maintain appearances. This behavior is frequently disguised as lifestyle in todays society. On a deeper level however it can develop…
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How to Protect Yourself from Inflation through Islamic Investment
Everyone is impacted by inflation regardless of income level. Every year the cost of necessities healthcare and education keeps going up. This implies that if you do not manage your money well the money you save today will have less purchasing power tomorrow. For Muslims handling money is a spiritual as well as a financial obligation. Investments must adhere to…
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An Islamic Perspective of Recession
A recession is characterized by a broad drop in economic activity that leads to social unrest, increased unemployment and decreased purchasing power. Many nations view it as an emergency that needs to be addressed immediately with systemic and technical solutions. However for Muslims a recession is more than just a business occurrence it is a divine test and a prompt…
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Finance Leverage Meaning: Shariah-Compliant View
If you think about it, many people now consider debt to be a smart strategy. They say that with debt we can accelerate business, increase assets, and expand the business. Sounds cool, indeed. But if we look more clearly, the question is not just “how fast to grow?”, but “in what way to grow?” Islam views growth not just as…
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Distributive Justice in Economic Growth
Let’s be honest for a moment. Have you ever felt strange when reading economic news that says it’s on the rise, but why is the content of your wallet still the same? They say economic growth is positive, but in reality prices are getting more expensive, businesses are getting harder, and many people are still living hand to mouth. This…
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The Beauty of Patience in Halal Investment
Have you ever felt like you want to make a quick profit?We start a business or put money in one place, then hope that next week we will have our capital back, next month we can go on a trip. It feels natural, because we live in a fast-paced era. But in Islam, matters of wealth, especially investment, are not…
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Financial Goals for Giving, Not Hoarding
Let’s sit down for a moment, calm our minds, then ask ourselves: “What am I actually chasing money for?” Most of us would answer, “To be calm. To be stable. So as not to bother anyone later.” That’s not wrong. That’s a good intention. But… what if it turns out that wealth is not just for hoarding or enjoying alone?…
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Crab Mentality: The Silent Killer in Business Cooperation
Have you ever seen a crab in a bucket? One crab almost made it out, but the others pulled it back down. The end? No one got out. They all stayed at the bottom. This image is not just about sea animals, you know. Unfortunately, this also often happens in the real world, especially in cooperation and business relationships. It’s…
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Social Impact of Syirkah Mobilizing Assets and Resources
Have we ever thought, why is it that a country that is said to be rich, but many of its people still have difficulty living? The natural resources are there, the land is fertile, the sea is vast, but still, those at the bottom continue to struggle, while those at the top are increasingly comfortable. The problem is not in…
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Islamic Relief Through Extension of Debt Repayment Period
Talking about debt, sometimes you immediately feel tense, right? Especially when talking about late payments. The impression is immediately negative. As if the person who is in arrears must be negligent… or even considered to have no intention of paying. In fact, it is not always like that. Because there are people who are really having a hard time. They…
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