Saturday 23 February 2013

Islamic Personal Finance, Front And Center


Bismillahi r-rahmani r-rahim. As-salamu alaykum.

Sisters and brothers. It's time, for Islamic personal finance to take center stage!


Believe in Allah and His Messenger and spend out of that in which He has made you successors. For those who have believed among you and spent, there will be a great reward.
57. Surat Al-Ĥadīd (The Iron; 7)

Do they distribute the mercy of your Lord? It is We who have apportioned among them their livelihood in the life of this world and have raised some of them above others in degrees [of rank] that they may make use of one another for service. But the mercy of your Lord is better than whatever they accumulate.
43. Surat Az-Zukhruf (The Ornaments of Gold; 32)

While I was thinking of what web blogger address I should take, I looked in the Qur'an for the word "wealth". Interestingly, that word is "amwaal" or "amwaali" (2:155), which remind me of the word "wali", meaning guardian or protector. Allah has made it clear in the Qur'an that His wealth is entrusted and apportioned to us. It became clear to me that I am a guardian over the wealth given. I am responsible for any decisions I make in regards to "my" money. We shoulder a big responsibility, and the best place to look on how we manage this responsibility is in the Qur'an.

There was certainly in their stories a lesson for those of understanding. Never was the Qur'an a narration invented, but a confirmation of what was before it and a detailed explanation of all things and guidance and mercy for a people who believe.
12. Surat Yusuf (111)

InshaAllah, this blog will be updated weekly on topics about money and the values within the Qur'an that can be applied. If you'd like to get a head start, you can purchase Islamic Personal Finance; Grains of Wisdom on Prosperity from Al-Quran for the Amazon Kindle, or swing by the Facebook page.

I am very excited to start this blog and equally in welcoming everyone.

Peace.
Sultan Burhanuddin

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