sharia business
- Business
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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The Importance of Reviewing Your Business Contracts from a Shariah Perspective
In the realm of business, contracts or written agreements play a pivotal role in binding the relationship between the involved parties. Contracts serve to ensure clarity in agreements and to avoid potential disputes in the future. However, for Muslim entrepreneurs, it is essential to ensure that business contracts are not only legally sound but also compliant with Shariah principles. Shariah,…
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Finance Your Fashion Business with Crowdfunding
The fashion industry is one of the most dynamic and ever-evolving sectors, requiring significant capital investment for everything from production to marketing. For new fashion entrepreneurs, one of the biggest challenges is how to secure funding without compromising the future of their business. Traditionally, entrepreneurs have relied on bank loans or individual investors, but an increasingly popular alternative is crowdfunding.…
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4 Mistakes Made by Startup Founders
Introduction Starting a startup is a journey filled with challenges and risks. Many startup founders begin with enthusiasm and innovative ideas, but not all succeed. Most failures are not due to a lack of potential or bad ideas but rather the mistakes made by the founders. These mistakes can significantly impact the growth of the startup, sometimes leading to its…
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