islamic business
- Business
9 Key Principles of Islamic Marketing
Islamic marketing aims to provide balanced satisfaction for consumers and other stakeholders. It’s not just about material satisfaction but also spiritual fulfillment, with the ultimate goal of seeking the pleasure of Allah ﷻ. In practice, Islamic marketing is rooted in strong moral values, where all activities focus not just on financial gain but also on blessings from Allah ﷻ. There…
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Internal Rate of Return: Know Your Profit Goal
The Internal Rate of Return (IRR) is a key financial tool used by investors to measure the return on an investment. By understanding IRR, investors can decide whether a project is worth pursuing based on its expected return. This article explores IRR’s definition, calculation, main functions, benefits, and limitations. What is Internal Rate of Return (IRR)? Internal Rate of Return…
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6 Secrets of Success from Prophet Muhammad ﷺ and Khadijah in Managing a Blessed Business
Prophet Muhammad ﷺ and Khadijah bint Khuwaylid are extraordinary role models in managing a business with ethics deeply rooted in Islamic values. From the beginning of Prophet Muhammad’s ﷺ career as a merchant to Khadijah’s role as a successful entrepreneur, their story offers many valuable lessons for modern entrepreneurs. Their success wasn’t merely due to their business skills but also…
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