Entrepreneurship

In the name of the Allaah, the Most Gracious, the Most Magnificent. All praise is due to Allaah, Lord of the Universe. We praise Him, and seek His help, and His forgiveness, and we seek His protection from the accursed Satan. Whoever Allaah guides no one can misguide, and whom He allows to be misguided no one can guide. I bear witness that there is no deity worthy of worship except Allaah, who is One alone and has no partners. I bear witness that Muhammad is His Servant and Messenger. May the blessings of Allaah be upon him and his family and his companions and the righteous who follow them until the Day of Judgment.

As'salaamu alaykum my dear sisters. I pray this blog finds you all in the best of health and highest of eeman (ameen). I choose today's topic because I felt there was a need with the growing number Muslim businesses in the community along with the growing number of failing Muslim businesses in the community. In order for our businesses to be successful inshaa'Allah we must first operate them according to Qu'ran and Sunnah.

  Narrated Jabir bin 'Abdullah: Allah's Apostle said, "May Allah's mercy be on him who is lenient in his buying, selling, and in demanding back his money." (Sahih Bukhari)

Narrated Hakim bin Hizam: Allah's Apostle said, "The seller and the buyer have the right to keep or return goods as long as they have not parted or till they part; and if both the parties spoke the truth and described the defects and qualities (of the goods), then they would be blessed in their transaction, and if they told lies or hid something, then the blessings of their transaction would be lost."(Sahih Bukhari)

  Narrated 'Abdullah bin Abu Aufa: A man displayed some goods in the market and swore by Allah that he had been offered so much for that, that which was not offered, and he said so, so as to cheat a Muslim. On that occasion the following Verse was revealed: "Verily! Those who purchase a small gain at the cost of Allah's covenant and their oaths (They shall have no portion in the Hereafter ..etc.)' (3.77)  (Sahih Bukhari)

The hadiths on sale and trade are numerous and before one opens a business they must look into the laws of Islam seeking knowledge on what's halal and haram according to Qur'an and Sunnah.

"We Help Small Businesses Like Yours" score

SCORE is a nonprofit association dedicated to helping small businesses get off the ground, grow and achieve their goals through education and mentorship. We have been doing this for nearly fifty years.

Workshop: Monday May 7, 2012 from 6pm-8pm (EST)

SIMPLE STEPS TO STARTING A BUSINESS

This workshop will acquaint the potential entrepreneur with all the considerations that must be weighed to properly get ready to start a business. The considerations examined will range from personal characteristics to government regulations and legal requirements. This workshop will be presented as a Free Webinar and the attendee will be able to attend using their own computer from any location they chose, including from their own home. Registration is mandatory, however, since a special password that will be obtained through registration will be necessary.

Register Now!