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Business Partners Split? A Test of Syirkah Trust
Building a business with friends, relatives, or colleagues that you trust as business partners is like riding a boat together: if the oars are not in tune, the direction can be unstable. Especially if someone starts to be dishonest, the boat could sink, trust will be shattered, and the partnership will end. In fact, in Islam, partnership or partnership is…
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Smart Muslim Investors, Starting a Business with Knowledge
Many people are enthusiastic to start a business as investors. Especially if they find a business opportunity that seems halal, has a profit-sharing system, and has great profit potential. But unfortunately, not a few jump in without understanding the knowledge first. In fact, in Islam, investing without knowledge can be the beginning of disaster, not the beginning of blessings. As…
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Mountains of Gold Don’t Stop the Desire to Accumulate Wealth
Have you ever bought a new cellphone, but a week later you feel like upgrading it again? Or have you just received a work bonus, but your mind is already running to installments for a new car, vacations, or branded goods that weren’t that urgent before? That’s a small example of one big problem: the desire to accumulate wealth that…
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What is the View on Islam and Morals of Stockpiling?
Have you ever thought about why some people’s wealth continues to increase, while on the other hand there are those who have difficulty even eating? Or, why is Islam so “sensitive” when it comes to wealth being kept and not being used? Well, this is where it is important for us to talk about stockpiling meaning not only from an…
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3 Ways to Make Money That Islam Forbids
We live in an era where everything is fast and instant. It is no wonder that the enthusiasm to find ways to make money is increasing. More and more people are competing to find loopholes to get “maximum profit, minimal capital.” But in the midst of this euphoria, we rarely ask one important thing: “Is the wealth I earn halal?”…
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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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