Business Plan

A major portion of a man’s life is spent in business and trade. If he ensures that his business dealings are in line with Islamic law, it will mean that on the Day of Judgement 30-60% of his reckoning will at least be in order.
The Muslim businessman is neither a capitalist engrossed in the pursuit of money at all costs, nor is he a communist, working for the nation and not himself.

Islam advocates a moderate, well-balanced ideology. Many of the elements are encapsulated in the advices that the Muslims of Bani Israaeel gave to Qaaroon, a wealthy relative of Moosa alaihis salaam.
Qaaroon could not stomach the fact that his wealth had not secured him prophethood like his cousins Moosa and Haroon alaimas salaam.
He also fell into the delusion that he had earned his wealth through his own intelligence and aptitude. In actual fact, Allah Ta’ala is the sole controller of wealth distribution.
This is the five-point business plan that sets a balance for a Muslim trader and ensures happiness with wealth:

1. Do not be arrogant. Your wealth should not go to your head, nor should it lead to you looking down at others. As long as it does not lead to arrogance, one can enjoy contentment with one’s wealth.

2. Prepare for the Hereafter. Use the wealth and resources that Allah has given you to secure a better place in Paradise. The rich man has more opportunity to earn great rewards with his wealth.

3. Do not forget the world. While using your wealth to do good, ensure that you have sufficient to live comfortably in this world. Devotion to good deeds should not make you unmindful of your worldly needs.

4. Do good to others. Use your wealth to help the needy in the community.

5. Do not cause corruption. The pursuit of wealth should not lead you to perpetrate injustice like the exploitation of workers.
With this plan in place, as well as a few other Islamic business tips like budgeting, etc there will be less distress with wealth and more true happiness.