Crisis in Business and Solution

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    Crises, reasons and

    solution in Business aglimpse from the Quran

    and Sunnah

    By: Sami-ud-DinDepartment of Social Sciences

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    Human Reasons to Failure inBusiness

    (al- Shura:30)

    ":"

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    Reasons to failure in a Business

    1. Shortage of wealth.

    2. Lack of experience in the relevant field.

    3. Ignorance to Business trends.4. Decrease of Market Demand.

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    Non fiscal Reasons to BusinessFailure

    1. Teasing others

    2. Being Cruel towards others

    3. Try to see the failure of competingbusinesses

    4. Pride and Prejudice

    5. Unethical behavour with clients andVendors

    6. Paying not Zakat , Ushr and Sadaqat

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    Noting Point

    Some times all the measures are meetingand we think that we will boost off ourbusiness but still we fail to see our

    business failing.

    This is why?

    Two reasons are there.

    1. Lack of Tawkkul

    2. Hikmat of Allah

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    Solution

    In such cases of failure the solution is givenby the Holy Quran in these words:

    (2)

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    Solution to National Crisis

    Steps towards the solution:

    1. To control the reasons to crisis

    2. To control those forces that causingcrisis.

    3. Get experience from the controlling

    measures4. Shut all the possible doors through

    which it is expected that elements willenter that will cause crisis in future.

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    What we got from the firstEconomic Embargo?

    We learnt the first economic embargo:

    1. How to preferred Akhirah on Dunya?

    2. How to sacrifice our wealth in the way ofAllah?

    3. These human banes are nothing before

    the trust in Allah.

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    (4:100)

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    Salatul Hajat

    (152)

    (153)

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    MuwakhaatTo meet the immediate needs of the

    Muhajireen the Prophet Muhammad(S.A.W) made a socioeconomic agreement

    among the Muhajireen of Makkah and theAnsaar of Madinah

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    Economic Measures adopted

    Early to supply goods in Market

    The Prophet Muhammad (s.a.w) advised hiscompanions to supply goods to the market of

    Madinah earlier he said:

    - -

    .

    .

    . .

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    Participation in all activities byhimself

    The Prophet by himself participated in allsorts of activities. There are hundreds ofexamples of his active participation in

    daily activities and in occasional activitieslike war and building Mosque or deging atube for strategic war.

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    Getting lesson from all pastexperiences

    The Prophet Muhammad (S.A.W) instructed hiscompanions to get lesson from all fastexperiences and also enabled young muslims

    to be vigilant not to be indolent.The Prophet Muhammad (S.A.W) said:

    . .

    .

    ( . )

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    Helping the needy and poorer

    (9)

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    Avoiding superstitiousim

    (159)

    (160)

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    Patience in Failure

    (55)

    (51)

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