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Muhammad A Blessing For Mankind (Part 3)


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Muhammad: A Blessing For Mankind

The Prophet Muhammad (peace be upon him) himself was a businessman before he was appointed as a Prophet.

Jamal Badawi

Part 1, Part 2

Economy (Expertise and Outlook)

In the field of economic development, the goal is not material gain, but human welfare in general. Islam exhorts that the balance between the material and physical aspects, between the individual and societal needs, be maintained in order to narrow the gap between two opposite sides of human world. It is stated in the Quran: {Say, who is there to forbid the beauty which Allah has brought forth for His creatures, and the good things from among the means of sustenance. Say, they are for those who believe [in Allah] in this worldly life, to be theirs alone in the Hereafter on the Day of Resurrection … Say, the only things my Lord forbids are the shameful deeds, be they open or secret, the sin, unjustified envy, the ascribing of divinity to aught beside Allah, and the attributing unto Allah of aught of which you have no knowledge.} (Quran 7: 32)

So everyone is free to conduct any business he likes outside the harmful and shameful circle he has been warned to refrain from. If he does not listen to this warning, he will be in trouble. Every good quality set as a precondition to a successful business is encouraged by Islam. The Prophet Muhammad (peace be upon him) himself was a businessman before he was appointed as a Prophet. His ability to run business prudently, by his fairness and truthful conduct in dealing with people had won him the heart of his employer, Khadijah who later offered him marriage. He advocated Muslims to follow the spirit of Prophet David’s industriousness who earned his living from his own labor. He also said that faith of a Muslim is not complete if he is not good in his profession. He said: “If you leave matter to those who are not professional, you are waiting for a disaster”. If he works in the production line, his products must be compatible with product of other companies or factories. In order to be marketable, it must suit the taste of buyers and their standards of living. In this regard, Islam teaches not to cheat in offering the product to the market. It must be shown as it is without any publicity it does not deserve. In the lifetime of the Prophet Muhammad, he found many cases in market places where the merchants tried to cheat the customers. The Prophet said to them: “Whoever cheats is not one of us” (Muslim and Ahmed)

Islam laid many regulations the field of economy such as trade, leasing, business transaction, contract and others to prevent unfair dealing within the community and in the world of business at large. What is also prevented by Islam is a monopoly and exploitation by one man or one group at the expense of the others.  

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