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  • BusinessSharia-compliant Entrepreneurship Concept

    Sharia-compliant Entrepreneurship Concept

    According to (Razak, 2018) states that Islamic entrepreneurship is a system, process, and practice in running a business in an Islamic way. Islam in question includes the way of life al-deen, namely all activities needed by Muslims in living life. Meanwhile, according to (Ibn Khaldun, 2001), sharia entrepreneurship is an effort to obtain and increase income by developing property own.…

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  • BusinessDefinition of Gharar and Examples of Gharar in Transactions

    Definition of Gharar and Examples of Gharar in Transactions

    In the realm of Sharia-compliant business transactions, we approach each deal with utmost caution, ensuring a thorough review of terms and conditions before finalizing any agreement. One of the things that is prohibited in sharia transactions is to contain elements of Gharar. This is because gharar is an element that can cause losses to one party or both, for this…

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  • Muslim LifestyleIs Istighfar Related to Sustenance and Blessings from Allah ﷻ ?

    Is Istighfar Related to Sustenance and Blessings from Allah ﷻ ?

    In Islamic teachings, the concept of istighfar (asking for forgiveness) has a close relationship with sustenance (livelihood or rizq). Istighfar is not only a request for forgiveness for the sins that have been committed, but also a practice that has a major impact on increasing one’s sustenance. In the Quran and Hadith, there are many proofs that emphasise the importance…

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