Islamic Financial Strength

The whole world is particular about economy which is considered as the main source of life. Every nation and every country strive hard to strengthen their economic situation. When the economy of a country is strong, the country will advance in many other fields like industries, technologies and even military. The strong economy enables a country to take over another country. Little wonder, economy is always the focus of all the world leaders.

The muslim world are also in the race. They are also strengthening their economy. Many via the capitalist system introduced and supported by the Western countries and the Jews. The muslim forget that Islam has its own economic system which is far better than the capitalist. Under islamic economy, God is the essence.

The capitalist’s main focus is profitability per se. The concept of love and care in undertaking business decision is almost non existing. Economy as an ibadah is unthinkable. As such, capitalists will compete vigorously to increase their profits and minimize their losses even by stepping on others.

Unfortunately, many muslims are also in the same school of thought. Instead of taking God as the guidance, we try to compete with the capitalists on their own platform which is created by them to generate income for themselves. The result? We always failed and face further diminution.

Muslims must reassess their economic focus and guidelines. Taqwa is the foundation upon which all business decisions and planning should be constructed. The Islamic economic and financial systems are meant to protect human, and to promote love and care, unity among all, bringing peace and harmony here and the hereafter.

Writer: Abuya Sheikh Asaari Muhammad