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Post by account_disabled on Sept 5, 2023 7:12:15 GMT
The Qur'an teaches humans to avoid stinginess (the tendency to retain excessive wealth) and extravagance (unnecessary waste). In Surah Al-Isra verse 29, Allah says: "Do not let your hands be shackled around your neck and do not be too open, so that you become wandering and regretful." This verse teaches about balance in asset management, where a person should not be too greedy or too wasteful, but should live a life full of balance. Risk and Courage in Investment Asset management also includes investment and risk aspects. In Surah Al-Baqarah verse 267, Allah states: "O you who believe, spend (in the way of Allah) a portion of the results of your Phone Number List good efforts and a portion of what We bring out of the earth for you..." This verse reminds humans to invest courageously in good businesses, while adhering to ethical principles and social responsibility. From the verses of the Qur'an above, we can learn several valuable lessons about asset management in Islam. Assets must be managed as a trust, with due regard for justice, balance and social responsibility. The concept of zakat reminds us of shared ownership and caring for those in need. Avoiding stinginess and wastefulness and having courage in investing are also important aspects in asset management. By applying these values, Muslims are expected to be able to live a more just, ethical and sustainable economic life, in line with the teachings of the Koran.
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