What’s the oldest thing you own that you still use daily?
Mohammadeen
Introduction:
In the realm of investments, where trends and strategies evolve rapidly, it is intriguing to explore the oldest asset that Islamic investors still rely on today. Islamic finance is guided by principles rooted in the Quran, which provide a framework for ethical and sustainable investment practices. While financial instruments may come and go, there is one timeless asset that continues to hold immense value for Islamic investors – faith. Grounded in the teachings of the Quran, faith not only shapes their investment decisions but also serves as a steadfast source of guidance and resilience. Let us delve into the enduring beauty of Islamic investment and the profound impact of faith in the world of finance.
The Timeless Wisdom of the Quran:
One of the oldest and most valuable assets that Islamic investors possess is their faith, inspired by the teachings of the Quran. The Quran, revealed over fourteen centuries ago, serves as a divine guide for Muslims, providing principles and values that extend to all aspects of life, including financial matters.
In the Quran, Allah (SWT) says, “And give full measure when you measure, and weigh with an even balance.” (Quran 17:35) This verse emphasizes the importance of fairness, transparency, and justice in business transactions. Islamic investors, drawing inspiration from this verse, adhere to ethical investment practices that prioritize integrity, accountability, and equality.
Faith as the Foundation of Islamic Investment:
For Islamic investors, faith serves as the cornerstone of their investment decisions. They seek investment opportunities that align with their religious beliefs, avoiding sectors that are incompatible with Islamic principles, such as industries involved in alcohol, gambling, or usury (interest-based transactions). Instead, they focus on sectors that promote social responsibility, environmental sustainability, and human welfare.
The Quran encourages Muslims to engage in productive economic activities and encourages trade and entrepreneurship. Islamic investors, therefore, actively seek Halal (permissible) investment opportunities that generate legitimate profits while adhering to ethical standards.
The Endurance of Islamic Investment Principles:
Islamic investment principles have stood the test of time and have proven to be resilient, even in the face of economic uncertainties. The adherence to ethical guidelines and the emphasis on risk-sharing, fairness, and social impact make Islamic finance a sustainable and stable model.
By adhering to these principles, Islamic investors contribute to the well-being of society, ensuring that their investments create positive outcomes while upholding their moral obligations. They prioritize long-term sustainable growth over short-term gains, striving to create a positive impact on individuals, communities, and the environment.
Conclusion:
As an Islamic investor, the oldest and most cherished asset you possess is your faith. Inspired by the teachings of the Quran, this enduring asset serves as a guiding light in the world of finance. Islamic investors embrace principles of fairness, transparency, and social responsibility, aligning their investment decisions with their religious beliefs. By adhering to ethical guidelines, Islamic investors contribute to the creation of a just and sustainable financial system. As you embark on your investment journey, let the Quran’s teachings illuminate your path, reminding you of the importance of integrity, compassion, and responsible stewardship. In this way, you can build a portfolio that not only yields financial returns but also contributes to the betterment of society and the well-being of humanity as a whole.
Saudi Arabia Bank 