Five ways to improve your wealth from Qur’an and Sunnah
3 min readWhen it comes to wealth, many people will go to any length to obtain it. Regardless of whether it was obtained through illegal means or not, the goal is to make money....
Category: Entrepreneurship
3 duas to get rich
2 min readTalking about money and how to get rich is always frowned upon. I understand how bragging about how wealthy you are or how much money you have might make people feel anxious,...
Top Ten office etiquettes for a Muslim
4 min readIt is difficult for a Muslim in today’s world to find a halal employment that is ethical, hygienic, and most importantly, provides a halal working atmosphere. The majority of us, particularly those...
SUCCESSFUL MUSLIMS DO THESE 7 THINGS EVERY MORNING
We’re often astounded by how much work successful people accomplish. Their morning habits are one of the secrets to their success. This article outlines the seven most important routines to incorporate into your life in order to achieve success.
5 Islamic Principles to be a successful entrepreneur
Engage in ‘Halaal’ transactions: Allah the Exalted says in the Noble Qur’an, “O you who believe! Eat not doubled and increased riba (usury), but fear Allah so that you may be successful.” (Q3:130).
Apart from usury, Muslims must avoid any enterprise including alcohol, gambling, pornography, or anything else that Islam condemns in its entirety. Even so, some of those ventures appear to be profitable. However, assisting evil behind the scenes is a failure. Furthermore, we are barred from stockpiling things in preparation of scarcity. This is frequently done with the goal of making a large profit when a true scarcity occurs.
Seven businesses that are prohibited in Islamic Finance
2 min readWhen determining whether or not a corporation is sharia-compliant, a sharia scholar or fund manager looks at the company’s principal operation. If a company’s business revolves around illegal activities, it’s out —...
3 Main Business strategies of Abdur Rahman Ibn Awf (RA)
The Business Strategy of Abdul Rahman bin Auf (Radhiyallahu Anhu)
Abdul Rahman bin Auf (Radhiyallahu Anhutale )’s exposes his business plan, which is built on three fundamental ideas.
1. Working with Cash
The cash principle is the first principle of Abdul Rahman bin Auf’s (Radhiyallahu Anhu) business plan. He always paid cash for his purchases and always paid cash for his sales. (There will be no credit deals)
2. Never stock products or wait for a greater profit.
The second principle of Abdul Rahman bin Auf’s (Radhiyallahu Anhu) business plan is that he attempted to avoid storing things wherever possible, and he sold goods even if he was only paid a cent of profit. It had a high degree of money flow, thus the main focus was on boosting profits to increase earnings.
3. He was always honest in his dealings.
The third business strategy principle of Abdul Rahman bin Auf (Radhiyallahu Anhu) is that he never hides any flaws in his products. He said it in front of his consumer if his goods was not up to par or if there was even a minor flaw in it.
