Quranic Business Model (QBM) Masterclass New | QBM | Part 2 | Coach Kanchon | MsH | #new
Mohammad Sajib Hossain
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Quranic Business Model (QBM) Masterclass New | QBM | Part 2 | Coach Kanchon | MsH | #new
465 просмотров · 4 недели назад
Mohammad Sajib Hossain
174 подписчика
465 просмотров · 4 недели назад
A Quranic business model is a way of building and running a business according to the ethical, legal, and spiritual principles found in the Quran. The goal is not only profit, but also justice, trust, and benefit to society.
Here are the core principles:
1. Honest Trade (Truthfulness)
The Quran emphasizes honesty in buying and selling.
"Give full measure and weight in justice..."
— Quran 6:152
Business application:
No false advertising
Transparent pricing
Honest product descriptions
Deliver what you promise
2. Justice (Adl)
Justice is central to Islamic commerce.
"Indeed, Allah commands justice..."
— Quran 16:90
Business application:
Fair wages
Fair contracts
No exploitation of workers, suppliers, or customers
Equal treatment of stakeholders
3. Trustworthiness (Amanah)
Businesses should fulfill their responsibilities faithfully.
"Indeed, Allah commands you to render trusts to whom they are due."
— Quran 4:58
Business application:
Protect customer data
Honor warranties
Pay employees and suppliers on time
Fulfill contractual obligations
4. Prohibition of Riba (Interest)
The Quran prohibits riba.
"Allah has permitted trade and forbidden riba."
— Quran 2:275
Business application:
Use profit-sharing, partnerships, leasing, or asset-backed financing where appropriate instead of interest-based lending.
Structure financing in ways that comply with Islamic finance principles if that is a business objective.
5. Mutual Consent
Transactions should be voluntary.
"Do not consume one another's wealth unjustly, but only by trade conducted by mutual consent."
— Quran 4:29
Business application:
No deceptive sales tactics
Clear terms and conditions
Easy-to-understand contracts
6. Excellence (Ihsan)
Do more than the minimum required.
"Indeed, Allah loves those who do good."
— Quran 2:195
Business application:
High product quality
Excellent customer service
Continuous improvement
Ethical leadership
7. Social Responsibility
Businesses have responsibilities beyond profit.
"...and give from what Allah has provided for you..."
— Quran 2:254
Business application:
Charity (zakat where applicable and voluntary sadaqah)
Community development
Environmental stewardship
Support for vulnerable groups
8. Avoid Harm
Business activities should avoid causing unjust harm.
"Do not cause corruption on the earth..."
— Quran 2:60
Business application:
Avoid fraudulent or harmful products
Reduce pollution and waste
Respect consumer health and safety
Example
Imagine a halal food company:
Sources ingredients ethically.
Pays farmers fairly.
Labels products accurately.
Avoids fraud and waste.
Shares profits with investors through agreed profit-sharing rather than interest-bearing arrangements where seeking Shariah compliance.
Gives a portion of profits to charitable causes.
Treats employees with dignity and pays them on time.
The business aims to be financially sustainable while also fulfilling ethical and spiritual responsibilities.
Key Characteristics
A Quranic business model seeks to balance:
Profit — earning a lawful return.
People — respecting employees, customers, and communities.
Purpose — seeking God's pleasure through ethical conduct.
Planet — avoiding unnecessary harm to the environment.
Integrity — ensuring all dealings are honest, transparent, and just.
In this view, business is not merely a commercial activity but a form of stewardship and service, where financial success is pursued alongside moral responsibility and social benefit.
Quranic Business Model (QBM) Masterclass New | QBM | Part 1 | Coach Kanchon | • Quranic Business Model (QBM) Masterclass N...
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