Al-imanis deepened by al-ilm, which is the responsibility of all Muslims to seek in order to fulfill and perform al-amal. Knowledge (spiritual, wisdom and scientific) is the foundation of all acts of al-amal which would be futile and unproductive without the search for further knowledge to enhance the wellbeing of society. Islam places great importance on scientific discovery, knowledge and wisdom to develop civilization. Al-iman and al-ilm manifested through al-amal is the basis of the advancement of civilization for the benefit of humankind and the Ummah (Muslim community), in particular. This is undertaken under the principle of ad-din (relating humans to Allah through spiritual acts), which is referred to as ibadah.
In Islam a person, who of faith, knowledge and pious devotion, manifested in effort and acts, using reason and experience and adheres to the teachings of the Al-Qur'an and Prophets is a person of Taqwa, adhering to the philosophy of Tawhid. He or she is fulfilling their purpose on Earth to perform ibadato God, through obedience (ta'ah), which conforms to his or her true and essential nature (fitrah) of humanity. This relates a person to God through everything an individual does, including spiritual duties, thoughts, actions, and deeds to other people.
As humans operate in a social environment, Islam prescribes a number of forms of business organization, through which obligations can be fulfilled. A mushharakah (organization) can take a number of forms. Such business organizations are founded and operated on the principle of al-ta'awun (mutual assistance and cooperation) among members of a society for both their mutual benefit and that of a society as a whole.
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Islamic business is governed by the rules of syar'iah, the path by which all Muslims should follow. The syar'iah is the divine law that establishes the standards of justice and human conduct, as well as what is permitted and prohibited in action. The syar'iah is based on the Al-Qur'an, Sunnah and interpretations by Islamic scholars. Some Muslim scholars have stated that these standards are beyond human and are a goal or path of guidance, where others see these utopian ideals as mandatory for advancement of the community.
Central to the syar'iah are the concepts of Halal and Toyyibat, which govern all the economic activities of man in wealth production and consumption of wealth, where certain means of gaining a livelihood are declared unlawful. Halal means lawful or permitted for Muslins, a concept that is much wider than just issues of food, concerning as to whether things are undertaken according to the syar'iah. Toyyibat is a much wider concept, meaning good, clean, wholesome, ethical in the Islamic concept. In nutrition, toyyibat is much wider than halal, as food must also be clean, safe, nutritious, healthy and balanced. Toyyibat would also mean that agriculture must be undertaken within sustainable practices, and in business all things must be undertaken with good intentions.
In Islam, the individual's vision, mission and objectives in business is to achieve both success in this world and the hereafter. This is al-falah. Islam puts very little restriction upon the scale of worldly success, except specifying, it must be reasonable, provides the comforts of worldly life, with consideration to the poor and suffering, and within the balance of worldly and spiritual life. Human success must also serve the legitimate needs of the ummah.
Allah equipped humans with the faculties of understanding right and wrong, so they may obtain a bright destiny. Humans have a free choice in what they choose. Opposition and straying from his/her true nature (fitrah) will bring discord to the individual where negative attributes will distort his or her true nature, which could lead him into doing evil deeds.
The individual has his al-iman andal-ilm to keep him from this path of self destruction (al-fasad), which would manifest itself through nepotism, favourtism, envy, greed, corruption, injustice and ignorance. This in Islam is the influence of satan, manifested in many different ways to humankind to lure one away from God's chosen path. Humans can become unfocused through ignorance and lack of knowledge.
Achieving al-falah means that a human has lived up to God's trust placed upon him or her, through performing ibadah, while obeying all the laws of the syar'iah. This is where humankind can overcome their general weaknesses in the service of Allah through righteous deeds (amal), in the obligation of fard kifayah. A human has reached the state of amanah, fulfilling the trust God has put in him or her.
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Islam also specifies the way organizations should be operated and managed. An organization must base all its work on al-amal and ibadah with the overall management objective of achieving al-falah for the organization as a whole and each individual within it.
This is based upon a foundation of al-iman and al-ilm, within a civilization based upon a tawhid philosophy, so that employees have the opportunity to achieve taqwa and avoid straying towards the state of al-fasad. Central to achieving this are the concepts of shura (participation in decision making and community learning) and adab (justice and rights).
Shura is total organizational community participation in decision making to ensure an organization gets the best views, is creative, to develop employees understanding of decisions made, to achieve better implementation of decisions and strengthen the Islamic fraternity. Shura is can also be seen as an organizational control mechanism to prevent management and individuals within the organization from straying down the path of ignorance, greed and oppression, so that the organization can continue to serve its members and the wider community and thus sustain itself. Shura creates a positive learning environment within and organization, similar to the concepts of learning organization proposed by the management guru Peter Senge in the 1990s. The Al-Qur'an states that the concept of shura is mandatory upon an organisation.