Business in the Qur’an and Sunnah: its importance and guidelines

Islamic history has given us undeniable proof on the contributions of the Muslims for the welfare of the public, achieving honour and economic prosperity in this worldly life, while still being governed by the Qur’an and the Sunnah. Today, the situation has shifted, where the deviation of Muslims fr...

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Bibliographic Details
Main Author:	Samsudin, Sofiah
Format:	Conference or Workshop Item
Language:	English
Published:	2011
Subjects:	BP137 Qur'anic and other Islamic legends BP140 Islamic law (Fiqh) HF5387 Business ethics
Online Access:	http://irep.iium.edu.my/8688/ http://irep.iium.edu.my/8688/ http://irep.iium.edu.my/8688/1/business.pdf

id	iium-8688
recordtype	eprints
spelling	iium-86882012-03-19T00:55:25Z http://irep.iium.edu.my/8688/ Business in the Qur’an and Sunnah: its importance and guidelines Samsudin, Sofiah BP137 Qur'anic and other Islamic legends BP140 Islamic law (Fiqh) HF5387 Business ethics Islamic history has given us undeniable proof on the contributions of the Muslims for the welfare of the public, achieving honour and economic prosperity in this worldly life, while still being governed by the Qur’an and the Sunnah. Today, the situation has shifted, where the deviation of Muslims from Islamic teachings has caused their decline, among other things. Hence, the practical scene of Islamic business has inevitably changed. It is evident that business no longer has a great impact on the Muslims in their lives. Two extreme sides emerge. On one side, there are Muslims who conduct business blindly and greedily based on the Western ideology that separates worldly and religious matters. On the other side are Muslims who avoid being involved in business, considering it as an immoral act of chasing after worldly life. These two sides have resulted in the passive movement of Muslims in business, which is one of the direct factors for their decline in today’s global economy . Therefore, it is crucial for us to examine the importance of business and its guidelines in the light of the Qur’an and the Sunnah, in order to generate more successful Muslim businessmen and businesswomen. As a matter of fact, the Muslims' revival depends entirely on their return to the purity of Islam. It is also crucial to mention the correlation between two types of business as described in the Qur’an and the Sunnah, which are Duniawi and Ukhrawi, and why Allah mentioned them repeatedly in the Qur’an. In order to prove what is being suggested by Qur’an and Sunnah, this paper presents examples of businessmen and businesswomen among the Sahabah and the Tabi`in who did business according to the guidelines provided to them by the teachings of the Prophet p.b.u.h. 2011-10-04 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/8688/1/business.pdf Samsudin, Sofiah (2011) Business in the Qur’an and Sunnah: its importance and guidelines. In: The 4th Islamic Economic System Conference (iECONS 2011), 4-5 October, 2011, Pan Pacific Kuala Lumpur International Airport hotel, Sepang . http://iccons2011.usim.edu.my
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	BP137 Qur'anic and other Islamic legends BP140 Islamic law (Fiqh) HF5387 Business ethics
spellingShingle	BP137 Qur'anic and other Islamic legends BP140 Islamic law (Fiqh) HF5387 Business ethics Samsudin, Sofiah Business in the Qur’an and Sunnah: its importance and guidelines
description	Islamic history has given us undeniable proof on the contributions of the Muslims for the welfare of the public, achieving honour and economic prosperity in this worldly life, while still being governed by the Qur’an and the Sunnah. Today, the situation has shifted, where the deviation of Muslims from Islamic teachings has caused their decline, among other things. Hence, the practical scene of Islamic business has inevitably changed. It is evident that business no longer has a great impact on the Muslims in their lives. Two extreme sides emerge. On one side, there are Muslims who conduct business blindly and greedily based on the Western ideology that separates worldly and religious matters. On the other side are Muslims who avoid being involved in business, considering it as an immoral act of chasing after worldly life. These two sides have resulted in the passive movement of Muslims in business, which is one of the direct factors for their decline in today’s global economy . Therefore, it is crucial for us to examine the importance of business and its guidelines in the light of the Qur’an and the Sunnah, in order to generate more successful Muslim businessmen and businesswomen. As a matter of fact, the Muslims' revival depends entirely on their return to the purity of Islam. It is also crucial to mention the correlation between two types of business as described in the Qur’an and the Sunnah, which are Duniawi and Ukhrawi, and why Allah mentioned them repeatedly in the Qur’an. In order to prove what is being suggested by Qur’an and Sunnah, this paper presents examples of businessmen and businesswomen among the Sahabah and the Tabi`in who did business according to the guidelines provided to them by the teachings of the Prophet p.b.u.h.
format	Conference or Workshop Item
author	Samsudin, Sofiah
author_facet	Samsudin, Sofiah
author_sort	Samsudin, Sofiah
title	Business in the Qur’an and Sunnah: its importance and guidelines
title_short	Business in the Qur’an and Sunnah: its importance and guidelines
title_full	Business in the Qur’an and Sunnah: its importance and guidelines
title_fullStr	Business in the Qur’an and Sunnah: its importance and guidelines
title_full_unstemmed	Business in the Qur’an and Sunnah: its importance and guidelines
title_sort	business in the qur’an and sunnah: its importance and guidelines
publishDate	2011
url	http://irep.iium.edu.my/8688/ http://irep.iium.edu.my/8688/ http://irep.iium.edu.my/8688/1/business.pdf
first_indexed	2023-09-18T20:18:28Z
last_indexed	2023-09-18T20:18:28Z
_version_	1777407946256285696

Business in the Qur’an and Sunnah: its importance and guidelines

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