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.
