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The Meaning of Tasamuh (Tolerance) Between Investors and Business Partners

Divergent interests, expectations and management styles frequently cause conflict in the relationship between investors and operational partners in todays intricate business environment. Islam provides an ethical compass in this regard through the concept of tasamuh, a value based on mutual respect tolerance and generosity. Relationships between people are highly valued in Islamic business ethics as a manifestation of faith in action especially when it comes to muamalah (social and economic dealings).

The Islamic Concept of Tasamuh

Islamic values of tolerance and openness toward others particularly when confronted with differences are referred to as tasamuh. Linguistically it is derived from Arabic and signifies broad-mindedness or generosity. It includes avoiding force in interactions, being calm when facing differences and not being harsh. When it comes to business it turns into a moral mindset that values diversity and encourages compromise when needed. The following is what the Prophet Muhammad (ﷺ) said:

“May Allah have mercy on the one who is easy-going when he sells, when he buys, and when he demands his rights.” (Narrated by al-Bukhari: 2076)

These hadiths emphasize that generosity and understanding in trade and partnership are traits loved by Allah. In the context of investor-partner relations, tasamuh encourages each party to uphold fairness, patience, and ethical commitment—not just profit maximization.

Also read: Managing and Avoid Gharar and Maisir in Sharia Investment

Tasamuh in Partnerships with Investors

Mutual gain, trust and clearly defined roles are the ideal foundations of the relationship between an investor and a business partner. In actuality though these relationships frequently face conflict. Due to their financial contributions, investors might feel entitled to control the business but partners might feel overburdened by operational risks. Between these two forces, Tasamuh serves as an ethical link. It directs both sides to value and recognize one anothers contributions. The investor should be patient refrain from controlling and have faith in the partners judgment. The partner however, needs to behave responsibly and openly. When they both practice tasamuh, disagreements turn into chances for cooperation rather than conflict.

Also read: Rules and Etiquette on Halal Investment for Blessed Wealth

Tasamuh Implementation in Business Practices

Respectful dialogue, reciprocal consultation and moral adaptability are ways that tasamuh is applied in investor-partner relationships. Those who invest should steer clear of top-down management that ignores realities on the ground. Rather they are urged to have trust, listen intently and provide assistance. Similarly partners need to be open to criticism, honest and willing to own up to their mistakes. Both parties should reject the blame culture and look for solutions based on goodwill if business performance varies. Long-term trust is far more valuable than immediate financial gain and this practice fosters it. Tasamuh turns into a spiritual and strategic advantage in this way.

Also read: Important Muslim Business Ethics Part 1: Amanah

Difficulties and Solutions in Tasamuh Application

Power imbalance and ego-driven behavior are two major barriers to tasamuh practice. Investors might use their money as leverage to dictate every choice and partners might become defensive or resentful. Furthermore business integrity is frequently weakened by a failure to internalize Islamic ethical values. A thorough Islamic business education is necessary to overcome this both in terms of knowledge and character development. Establishing morally upright business environments where both sides are held to high standards should be promoted by institutions and regulators. Islamic based mediation platforms could assist in amicably resolving conflicts by emphasizing justice and compassion in addition to legality. 

Also read: Responsibility as Professional Ethic for Muslims

In Conclusion

One enduring Islamic principle that has the power to change investor-partner relationships into alliances based on justice, trust and a common goal is tasamuh. Avoiding conflicts is only one aspect of it another is taking the initiative to look for harmony and collaboration. The application of tasamuh in the high-pressure profit-driven realm of business is necessary. Not only do investors and partners support their businesses when they behave tolerantly but they also elevate them to the status of earthly manifestations of divine values. They attain falah—real success in this life as well as the next—by doing this. Let’s apply this value to our business partnership for better success.

The Meaning of Tasamuh (Tolerance) Between Investors and Business Partners
The Meaning of Tasamuh (Tolerance) Between Investors and Business Partners

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References

Aseprois. (2023, October). Tasamuh in business relations: Key to success. Retrieved from https://www.aseprois.com/2023/10/tasamuh-dalam-muamalah-kunci-kesuksesan.html

Detikcom. (2023, November 27). Tasamuh or tolerance: Definition, benefits, examples, and wisdom. Retrieved from https://www.detik.com/hikmah/khazanah/d-6981303/tasamuh-atau-toleransi-pengertian-manfaat-contoh-perilaku-dan-hikmahnya

Tirto.id. (2023). The meaning of tasamuh in Islam: Evidence, meaning, and examples in life. Retrieved from https://tirto.id/arti-tasamuh-dalam-islam-dalil-makna-contohnya-dalam-kehidupan-gbvD

Wartoyo. (2018). Islamic business ethics: Constructing balance and humanity. Al-Amwal, 10(2), 229–244. https://doi.org/10.24235/amwal.v%vi%i.3369

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Devin Halim Wijaya

Master student in IIUM (Institute of islamic Banking and Finance) | Noor-Ummatic Scholarship Awardee

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