Choosing a business to invest in

Hello readers, today I will be writing about the right business to invest in. Hope you gain a thing or two from it.

Allah must be pleased with any business you want to start meaning it must be good for yourself, it must be good for others and it must be good for the community. In other words, your business should be halal. You should invest in what you pray will be good for you in this life and life after death as your business is going to be a part of your life, thus it should make you happy both in this world and the life after

You must also invest in an industry you understand. It could be an industry you have gained working experience from or a degree that focuses on the industry. If you do not understand the industry you want to invest in then acquire the knowledge that will help you understand the industry.

Another factor to consider is the barrier to entry, is the industry easy to enter? Do the major competitors try to kill the competition? If the barrier to entry is high you could get a major competitor to provide you with a service, that way you would not be flushed out of the system. Allah knows best.

Everything should be done seeking the pleasure of Allah. Part of seeking the pleasure of Allah is hoping for a reward from Him in this life and the Hereafter. Everything happens according to the will of Allah (you have freewill, therefore you are responsible for your actions).

Halal means anything lawful Islamically

Alhamdulillah (Praise be to Allah). Thank you for reading this blog. Keep checking this blog regularly. Like this page on facebook. Cheers.

Comments

Evil: Lekki Central Mosque

Asalam alaykum There are mosques and there are evil places that call themselves mosques, Lekki central mosque is one of those places such an evil place. The so called chief imam Ridwan Jamiu is also fake. A mosque, they have two floors. I thought women where suppose to be upstairs and men downstairs. Yet, he allowed women to be entering the part where men enter, seeing women and men walking and passing through the same door. Women praying downstairs with no division between men and women. When I asked him about it, he said it is allowed. How is that allowed. Islam does not encourage the mixing of different sexes. Where ablution is done in the female part is sometimes dirty, when you are suppose to do ablution in a clean place.The toilets there were dirty and they face the qibla. Toilets are not meant to face the qibla according to Islamic law. There is one toilet there that did not face the qibla. A pit latrine, which i find odd why would there be regular toilets and one pit latrine.

Quran 3:56-59

Asalam alaykum "As for those who disbelieve, I will punish them with a severe punishment, in this world and the next, and they will have no helpers. And as for those who believe and do good works, He will give them their rewards in full. God does not love the unjust.” This is what We recite to you of the Verses and the Wise Reminder. The likeness of Jesus in God’s sight is that of Adam: He created him from dust, then said to him, “Be,” and he was." Quran 3:56-59 Ma salam.

Quran 3: 60-62

Asalam alaykum "The truth is from your Lord, so do not be of those who doubt. And if anyone disputes with you about him, after the knowledge that has come to you, say, “Come, let us call our children and your children, and our women and your women, and ourselves and yourselves, and let us invoke God’s curse on the liars.” This is the narrative of truth: there is no god but God. God is the Mighty, the Wise." Quran 3:60-62 Ma salam.

Islam and Business Finance

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