Islam Hadhari : the quest of commerce and trades / Husniyati Ali, 'Ismah Osman and Emi Normalina Omar

The ethical values that have been stressed in the concept of Islam Hadhari are seen to be a motivating factor for man to work harder, have a sense of respect, self-discipline, honesty, justice, fairness and accountability, in order to ensure that the country would prosper and develop, as in line wit...

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Main Authors: Ali, Husniyati, Osman, 'Ismah, Omar, Emi Normalina
Format: Article
Language:English
Published: UPENA 2005
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/11528/
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author Ali, Husniyati
Osman, 'Ismah
Omar, Emi Normalina
author_facet Ali, Husniyati
Osman, 'Ismah
Omar, Emi Normalina
author_sort Ali, Husniyati
building UiTM Institutional Repository
collection Online Access
description The ethical values that have been stressed in the concept of Islam Hadhari are seen to be a motivating factor for man to work harder, have a sense of respect, self-discipline, honesty, justice, fairness and accountability, in order to ensure that the country would prosper and develop, as in line with the teachings of Islam. As far as trade and commerce is concerned, al-Qur'an has indeed pointed out that trade and commerce is made permissible in order to develop human being so that they will not suffer in poverty and difficulties. In Surah al-Baqarah verse 275 Allah SWT says: "But Allah hath permitted trade and forbidden usury..." Hence in the quest of trade man needs to adhere to the Islamic principles where the concept of lawfulness should be considered in the business activities. Whatever is permitted should be followed and whatever is forbidden should be restrained. This paper will discuss on some of quranic verses in terms of promoting economic growth and social development of the Muslim, and the nation, as a whole. Secondly, it will also highlight the challenges that the nation face in advocating development and growth in commerce and trades in Malaysia. Lastly, this paper will discuss on the approaches towards facing the competitive world of trade and commerce, caused by globalization and technological revolution. Consequently, Islam Hadhari could only be achieved, when the people only adhere to the principles and the regulations that have been underlined by Allah.
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spelling uitm-115282016-07-29T17:03:33Z https://ir.uitm.edu.my/id/eprint/11528/ Islam Hadhari : the quest of commerce and trades / Husniyati Ali, 'Ismah Osman and Emi Normalina Omar Ali, Husniyati Osman, 'Ismah Omar, Emi Normalina Islam and economics Social responsibility of business. Social entrepreneurship The ethical values that have been stressed in the concept of Islam Hadhari are seen to be a motivating factor for man to work harder, have a sense of respect, self-discipline, honesty, justice, fairness and accountability, in order to ensure that the country would prosper and develop, as in line with the teachings of Islam. As far as trade and commerce is concerned, al-Qur'an has indeed pointed out that trade and commerce is made permissible in order to develop human being so that they will not suffer in poverty and difficulties. In Surah al-Baqarah verse 275 Allah SWT says: "But Allah hath permitted trade and forbidden usury..." Hence in the quest of trade man needs to adhere to the Islamic principles where the concept of lawfulness should be considered in the business activities. Whatever is permitted should be followed and whatever is forbidden should be restrained. This paper will discuss on some of quranic verses in terms of promoting economic growth and social development of the Muslim, and the nation, as a whole. Secondly, it will also highlight the challenges that the nation face in advocating development and growth in commerce and trades in Malaysia. Lastly, this paper will discuss on the approaches towards facing the competitive world of trade and commerce, caused by globalization and technological revolution. Consequently, Islam Hadhari could only be achieved, when the people only adhere to the principles and the regulations that have been underlined by Allah. UPENA 2005 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/11528/1/AJ_HUSNIYATI%20ALI%20CITU%2005%201.pdf Ali, Husniyati and Osman, 'Ismah and Omar, Emi Normalina (2005) Islam Hadhari : the quest of commerce and trades / Husniyati Ali, 'Ismah Osman and Emi Normalina Omar. (2005) Jurnal CITU <https://ir.uitm.edu.my/view/publication/Jurnal_CITU.html>, 1 (2). pp. 83-101. ISSN 1823-6146
spellingShingle Islam and economics
Social responsibility of business. Social entrepreneurship
Ali, Husniyati
Osman, 'Ismah
Omar, Emi Normalina
Islam Hadhari : the quest of commerce and trades / Husniyati Ali, 'Ismah Osman and Emi Normalina Omar
title Islam Hadhari : the quest of commerce and trades / Husniyati Ali, 'Ismah Osman and Emi Normalina Omar
title_full Islam Hadhari : the quest of commerce and trades / Husniyati Ali, 'Ismah Osman and Emi Normalina Omar
title_fullStr Islam Hadhari : the quest of commerce and trades / Husniyati Ali, 'Ismah Osman and Emi Normalina Omar
title_full_unstemmed Islam Hadhari : the quest of commerce and trades / Husniyati Ali, 'Ismah Osman and Emi Normalina Omar
title_short Islam Hadhari : the quest of commerce and trades / Husniyati Ali, 'Ismah Osman and Emi Normalina Omar
title_sort islam hadhari : the quest of commerce and trades / husniyati ali, 'ismah osman and emi normalina omar
topic Islam and economics
Social responsibility of business. Social entrepreneurship
url https://ir.uitm.edu.my/id/eprint/11528/