What do you think gets better with age?
Mohammadin
Introduction:
As time unfolds, the experience and knowledge gained through years of practicing Islamic finance bring forth profound growth and maturity in an investor. The Quran, the divine book of Islam, holds timeless wisdom that illuminates the qualities that improve with age for an Islamic investor. In this article, we delve into the attributes that flourish and deepen with time, drawing inspiration solely from Quranic verses. These qualities empower Islamic investors to navigate the world of finance with wisdom and righteousness.
- Financial Wisdom:
“Allah has permitted trade and has forbidden interest.” (Quran 2:275) - Patience and Trust in Allah:
“Indeed, with hardship [will be] ease. Indeed, with hardship [will be] ease.” (Quran 94:5-6) - Ethical Decision-Making:
“O you who have believed, do not consume one another’s wealth unjustly but only [in lawful] business by mutual consent.” (Quran 4:29) - Long-Term Vision:
“Who spend [in the cause of Allah] during ease and hardship and who restrain anger and who pardon the people – and Allah loves the doers of good.” (Quran 3:134) - Prudent Risk Management:
“And do not kill yourselves [or one another]. Indeed, Allah is to you ever Merciful.” (Quran 4:29) - Socially Responsible Investing:
“Righteousness is not that you turn your faces toward the east or the west, but [true] righteousness is [in] one who believes in Allah, the Last Day, the angels, the Book, and the prophets and gives wealth, in spite of love for it, to relatives, orphans, the needy, the traveler, those who ask [for help], and for freeing slaves.” (Quran 2:177) - Continuous Learning and Seeking Knowledge:
“Read! In the name of your Lord who created.” (Quran 96:1) - Integrity and Transparency:
“O you who have believed, fulfill [all] contracts.” (Quran 5:1) - Contentment and Gratitude:
“And [remember] when your Lord proclaimed, ‘If you are grateful, I will surely increase you [in favor]; but if you deny, indeed, My punishment is severe.'” (Quran 14:7) - Awareness of Accountability:
“Every soul will taste death, and you will only be given your [full] compensation on the Day of Resurrection.” (Quran 3:185)
Conclusion:
With the passage of time, an Islamic investor’s journey is adorned with the blossoming of profound qualities rooted in the teachings of the Quran. The verses of the Quran guide investors to embrace financial wisdom, patience, ethical decision-making, and prudent risk management. Additionally, they encourage investors to engage in socially responsible practices, seek knowledge, uphold integrity and transparency, cultivate contentment and gratitude, and remain mindful of accountability. As an Islamic investor matures, these qualities deepen, leading to a more righteous and fulfilling investment journey that aligns with the principles of Islam.
Saudi Arabia Bank 