Islamic Economics
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The Importance of Persistence in Business
The process of starting a business has never been easy. All entrepreneurs from small business owners to founders of multinational startups encounter obstacles failures and setbacks. Persistence rather than talent or resources is what distinguishes those who succeed from those who give up. The capacity to persevere in the face of setbacks rejections and ongoing challenges is known as persistence.…
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How to Earn Halal Income in Tough Times
People are frequently pushed to look for alternate sources of income when they are experiencing financial difficulties. However Muslim’s pursue income in order to uphold Islamic values as well as to ensure their financial survival. Financial stability and spiritual well-being are closely related to halal income which is obtained through morally and legally acceptable means. It is even more crucial…
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Wealth Distribution: Lessons from Umar & Baitul Mal
“Ever wondered why some people live in crazy luxury while others struggle just to eat?” Just take a look around there are people who can swap cars every year, fly abroad whenever they want, and own properties here and there. On the other hand, there are neighbors struggling just to pay their kids’ school fees, or small vendors hustling every…
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Business and Charity: Turning Wealth into Lasting Rewards
“Work, work, work! But why does it always end with me exhausted and broke?”Sounds familiar, right? A lot of us feel like work or running a business is just about surviving food on the table, bills paid, repeat. Nothing to do with reward, let alone paradise. But here’s the thing: that mindset is way off. In Islam, business, work, and…
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Financial Planning, A Smart Way to Reap Rewards Early
Ever heard that you can actually get rewards just by… planning your finances? Yep, even before a single dollar’s spent, the rewards are already rolling in. Cool, right? Imagine: you are scribbling numbers on paper or an application. The money hasn’t arrived yet, not even a single rupiah has gone out but Allah ﷺ has given you a note of…
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How to Build a Resilient Business in Hard Times
In the business world resilience is more than just survival. It is the capacity of an organization to change withstand setbacks and carry on in adding value in the face of adversity. Hard times put not only financial stability but also leadership culture and long-term strategy to the test whether they are brought on by global crises, economic downturns or…
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Islamic Solidarity in Hard Times
In Islam, solidarity is an act of faith based on justice compassion and group responsibility rather than just a social concept. The teachings of Islam encourage believers to support and stand together during difficult times whether they are brought on by international crisesو war or poverty. This moral obligation is emphasized in the Quran at Al-‘Imran verse 103: “And hold…
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Game of Attention in Islamic Perspective
Attention has become a commodity in today’s world. There is intense competition among social media platforms and entertainment channels to capture every moment of human attention. Human focus is exploited and manipulated in what many academics refer to as the attention economy which is brought about by this continual pull on the mind. In Islam, human attention is valued as…
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What is Warren Buffett’s Investment Principles
The art of investing is the prudent management of opportunities and risks. True investing necessitates patience consistency and discipline but many novices are seduced by promises of quick profits. In Islam the Quran serves as a reminder of the value of maintaining equilibrium when handling money: “And those who, when they spend, are neither extravagant nor stingy but hold a…
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How to Adjust Take Profit and Risk Management in Investment
Investing is all about balancing the potential for profit with the possibility of loss. Many beginners forget that every investment carries risk because they are overly preoccupied with the potential profits. Moderation and balance in wealth management are highly valued in Islam. As stated in the Quran: “And those who, when they spend, are neither extravagant nor miserly, but hold…
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