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Your Money Matters: The Islamic Approach to Business, Money, and Work
The issue of religion in business and personal financial matters may seem incongruous in the context of the twenty-first century. However, Islam as a religion has always paid attention to material issues. By its very definition of ‘submission’, Islam imbues every aspect of a Muslim’s life, and that includes money management. Today, personal and business financial issues affect nearly every one of the billion or so Muslims across the globe in one way or another. Not surprisingly, the twenty-first century has already witnessed the phenomenal rise of Islamic finance to a multi-billion dollar industry.
This book highlights issues in Islam that are important and relevant to Muslims when they engage in tasks related to personal finances, business administration, investment, and work. Readers will find an overview of relevant excerpts from the Qur’an and the authentic Sunnah. Non-Muslims as well can gain valuable insights from this book that should prove useful in today’s multi-cultural business landscapes.
This book highlights issues in Islam that are important and relevant to Muslims when they engage in tasks related to personal finances, business administration, investment, and work. Readers will find an overview of relevant excerpts from the Qur’an and the authentic Sunnah. Non-Muslims as well can gain valuable insights from this book that should prove useful in today’s multi-cultural business landscapes.
288 pages, Hardcover
First published February 1, 2014
1 person is currently reading
122 people want to read
About the author
Mohammad Rahman
31 books2 followersMohammad Mahboob Rahman has a PhD in Business Administration from the University of Kansas.
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Displaying 1 - 3 of 3 reviews
April 22, 2024
3.5/4
I don't know why people hated it, it wasn't really a revolutionary work on finance by any means but it did bring to light many principles of trade and prohibitions regarding it for those who have not been exposed to it.
If you want to learn deeper about traditional Islamic finance then this is not the book/method for it. This gives an overview of the Islamic approach to money, trade, and work and how we should aim to prefer and give precedence to Islamic teachings with these things.
It does go more into Islamic principles and move from the topic of money to exploring what Islam is and what the 5 pillars include for example, not a bad thing, just wouldn't say it was necessary to go into the detail it did for this sort of book. Though, others probably needed to read that far more than I did and it's not harmful.
Oh, and I saw some criticisms of impractical advice within it, which is subject to each reader, but generally it is not bad advice. It is *better* to avoid doubtful matters, of that there is no doubt. However, when dealing with a wide scope of Muslims you will find many struggle with leaving the clear evils or doing the clear obligations, so I can understand why many people react to such advice as if it is totally unfounded or ridiculous - but they're wrong there to put it plainly.
I don't know why people hated it, it wasn't really a revolutionary work on finance by any means but it did bring to light many principles of trade and prohibitions regarding it for those who have not been exposed to it.
If you want to learn deeper about traditional Islamic finance then this is not the book/method for it. This gives an overview of the Islamic approach to money, trade, and work and how we should aim to prefer and give precedence to Islamic teachings with these things.
It does go more into Islamic principles and move from the topic of money to exploring what Islam is and what the 5 pillars include for example, not a bad thing, just wouldn't say it was necessary to go into the detail it did for this sort of book. Though, others probably needed to read that far more than I did and it's not harmful.
Oh, and I saw some criticisms of impractical advice within it, which is subject to each reader, but generally it is not bad advice. It is *better* to avoid doubtful matters, of that there is no doubt. However, when dealing with a wide scope of Muslims you will find many struggle with leaving the clear evils or doing the clear obligations, so I can understand why many people react to such advice as if it is totally unfounded or ridiculous - but they're wrong there to put it plainly.
April 6, 2025
Heel goed!
September 19, 2015
HORRIBLE.
Extremely theoretical positions that are impossible to implement.
Examples:
-If you want to sell an MP3 Player it is advised to have a message in there telling people music is haram. Similar to cigarettes
-Make muslims sign a form promising they won't listen to music with the MP3. Seriously? Was he high while writing that?
-Teachers should teach however if a muslim man wants to teach he can't teach a class where non hijabi women are present.
Just a few examples.
Gave 1/5 because I couldn't give 0/5
Extremely theoretical positions that are impossible to implement.
Examples:
-If you want to sell an MP3 Player it is advised to have a message in there telling people music is haram. Similar to cigarettes
-Make muslims sign a form promising they won't listen to music with the MP3. Seriously? Was he high while writing that?
-Teachers should teach however if a muslim man wants to teach he can't teach a class where non hijabi women are present.
Just a few examples.
Gave 1/5 because I couldn't give 0/5
Displaying 1 - 3 of 3 reviews