Why is there a sharia business? Is it really different from business in general?
Maybe many of you who question that. Recently, sharia business terminology began to be echoed.
There is even one university that has special majors for this type of business. The exact name of the department is Islamic business. This department is located at the Faculty of Economics and Business, University of Indonesia.
What does it mean that general business is incompatible with sharia?
Now, rather than asking many questions, we should discuss so that it is clearer what is sharia business, what are its characteristics and examples.
When viewed from the phrase, sharia business consists of two words namely business and sharia.
Business as generally understood, that is an attempt to produce a product or service to be sold later and make a rezekibarokah.
The shari’a are the rules or decrees of Allah which are assigned to his servants. In this case it is a provision in the Islamic religion. Sharia includes worship, morals, muamalah, and daily activities.
So, sharia business is an effort or activity to create a product or service to sell to make a profit in accordance with the provisions of Allah SWT or based on the Qur’an and Sunnah.
Then, what distinguishes it from business in general?
The point that distinguishes between sharia business with business in general is the existence of guidelines and restrictions determined by the Shari’a and differences in objectives.
Actually it is not different too, but there is one other thing that is the goal of sharia business implementation, which is to reach the pleasure of Allah SWT.
So it is not only based on maximizing profits but also maximizing usefulness and trying to reach the pleasure of Allah SWT.
Another thing that needs to be understood is that Islamic business is not only limited to Islamic banking or other Islamic financial institutions.
Sharia business is very general and covers various lines. Including real business in which the business must consider halal haram both in terms of the object and the transaction process.
One of the leaders of Islamic Economics in Indonesia who is also the founder of the Tazkia College of Islamic Economics (STEI), Dr. Muhammad Syafi’i Antonio explained the characteristics or basic concepts of sharia business. The following are the characteristics:
A. Halal Products.
What we eat will affect our entire body and even our lives as a whole.
Forbidden food will have an impact not only on the physical but also on the activities of human life. For example, will be overwritten difficulties, calamities, diseases and so on. Terrible, right?
That is why sharia business must prioritize selling halal products. In Islam it is clear which products are halal and which products are haram.
B. The existence of the Kabul License.
You should know that the consent granted is not only on the marriage contract. In the sale and purchase transaction there is also a Kabul consent process. This process is passed by the seller and buyer.
The existence of the Kabul consent is to strengthen the sale and purchase agreement applied by both parties whether the murabahah, ijarah, mudharabah or other contracts are made.
C. Avoid the elements of maysir, usury and gharar (maghrib)
Islam has explicitly prohibited the practice of buying and selling which contains elements of gambling (maysir), usury and obscurity (gharar). Because it is a form of tyranny of the property of our fellow Muslims.
In addition, the buying and selling process must also be carried out fairly because one of the rules of muamalah is La Tazhlimuna wa la Tuzhlamun, which means do not treat each other.
There are several examples of sharia business that you can learn. There are in the fields of learning technology, finance and commodities.
In this article we will discuss these 3 examples.
First is the Islamic economy online learning business. Now is the era where people can learn anywhere and anytime. For this reason, Maslahah Academy exists as a platform that provides online learning about Islamic economics.
Second is the sharia investment business. It is unethical that millennials can only spend money and cannot make money.
If you want to become a millennial who earns in an easy way even a very small capital you can try investing in Qazwa.
This is an Islamic investment platform that makes it easy for various groups to be able to invest with minimal capital and high earning potential. And the most important thing is in accordance with sharia.
Third is the commodity business. One of the commodity-based sharia businesses is hihijab.
Even though there are already many business line players, you can still try entering as a new player. Because the hijab user market especially in Indonesia is very high.
Certainly not only chasing profits, but this business can be a part of your da’wah so that many people want to use the hijab