Islamic Finance
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Check Again! Is your Debt a Blessing or a Curse?
Many people believe that debt is an essential component of contemporary life. We can accomplish goals that might otherwise be unattainable by borrowing money whether it be through business financing, credit cards, mortgages or student loans. But at what point does beneficial debt become a financial trap?The Quran forbids reckless borrowing and extravagant spending. As the evidence Surah Al-Isra verse…
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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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Uncovering Hidden Sins in the World of Product Marketing
Have you ever bought something because you were tempted by the advertisement, but it turned out to be a dud? Or maybe you yourself are selling, then think: “If we don’t promote it a little bit more, it’ll be hard to sell…” Especially now, buying and selling used goods in the marketplace is getting busier. Not a few claim that…
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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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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 Having a Long-Term Vision in Investing
In today’s unpredictable economic environment investing with a long-term vision is not only a strategy but a need. Investors frequently feel pressured to respond to daily fluctuations in the market particularly when news headlines exacerbate anxiety. Short-term responses however usually cause more harm than good over time. Investors can avoid emotional blunders stay focused on their long-term financial objectives and…
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