Business
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Muslim Business Ethics : Punctuality
Punctuality is a fundamental aspect of Islamic business ethics that reflects professionalism, integrity, and discipline. In Islam, valuing time is a form of devotion to Allah ta’ala and serves as a measure of one’s faith. Every moment we have is a trust that must be wisely managed. Neglecting it can harm not only oneself but also others involved in agreements…
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Micro, Small, Medium Enterprises
Micro, Small, and Medium Enterprises (MSMEs) are one of the main pillars of Indonesia’s economy, impacting almost every sector of society. Across the nation, MSMEs take various forms, from small vendors and local craftsmen to family-run businesses. These enterprises play a significant role in boosting national economic growth, creating jobs, and helping to improve social welfare through income distribution. Beyond…
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Is It Time to Resign for Your Business?
Leaving a stable job to start your own business is a major decision that shouldn’t be taken lightly. While the idea of having control over your own business can be exciting, it also comes with significant risks. Here are a few key considerations before deciding to resign and dive into full-time entrepreneurship. 1. Have a Solid Business Plan Before you…
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How Malaysia Became a Leading Country in Islamic Finance
Malaysia has established itself as a global leader in Islamic finance. This success is not merely the result of a well-developed financial ecosystem, but also due to progressive regulations and innovative strategies that support the industry’s growth. Malaysia is not only advancing its Islamic financial sector but also using it as a tool for sustainable and inclusive economic growth. This…
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Islamic Green Investment: When Islamic Investment Meets Environmental Values
Islamic green investment is an increasingly popular approach in the investment world, especially among global Muslim communities. This concept combines the principles of Islamic finance with sustainable investment goals focused on environmental preservation, aligning with global efforts to address climate change. At a time when the world is facing an urgent climate crisis, Islamic green investment offers an innovative solution…
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Emotional Marketing: Using Feelings to Boost Your Brand
Emotional marketing uses emotional triggers to connect with consumers, fostering deep connections and building loyalty. Emotions often drive purchase decisions, and when brands create a genuine emotional response, consumers feel more engaged and inclined to return. Here are some key strategies in emotional marketing that help brands enhance customer engagement and loyalty: 1. Creating Urgency with FOMO Fear of Missing…
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The Urgency of Writing a Good Business Proposal and How to Do It
In the business world, a proposal serves as a crucial document for communication between a company and external parties, such as investors, partners, or potential clients. A well-crafted business proposal can bridge the gap between potential projects and tangible results, laying the foundation for fruitful partnerships, investments, or collaborations. This article discusses why writing a good business proposal is essential,…
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Muslim Business Ethics Part 2: Fulfilling Promises
In the world of business, trust is one of the most valuable assets a Muslim can possess. To maintain this trust, one of the primary principles in Islamic business ethics is fulfilling promises. Promises made by a Muslim, whether in formal agreements or verbal commitments, carry great significance and must be honored sincerely. This integrity is part of a Muslim’s…
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Application of Maqashid Sharia in the Green Economy
With growing global awareness of the need to protect the environment and reduce the adverse effects of economic activities on nature, the concept of a green economy has emerged as a way toward sustainable development. According to the United Nations Environment Programme (UNEP), the green economy is an economic approach that aims to enhance social welfare while reducing environmental risks…
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Bombas Socks: How to Build a Billion-Dollar Business from Selling Socks
Who would have thought that socks, one of the most basic everyday products, could form the foundation of a billion-dollar company? Bombas Socks is proof that a simple product, when combined with innovation, superior quality, and a strong social mission, can achieve tremendous financial success. By integrating commercial success with social impact, Bombas has shown that doing good isn’t just…
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