In Islam, trading is a noble occupation. Trading is highly recommended to obtain blessings, lawful profits, and avoid poverty.
Even so, we need to know that trading in Islam must be done in a good and right way, in accordance with the applicable Islamic law.
BFI friends, do you know how to trade in Islam that is good and right? If not, come on, let's see more in the following description.
1. 8 Ways to Trade in Islam
There are 8 ways to trade in Islam that we should know so that the business we are engaged in is always blessed by Allah SWT.
1.1. Intend Because of Allah
Apart from the intention to seek sustenance, make sure that the intention to trade in Islam that you have is solely because of Allah SWT.
By intending for Allah, we will always avoid greed and other bad things. In addition, trading with the intention because Allah can make all existing forms of transactions become acts of worship and earn His pleasure.
1.2. Instill Honest Nature
Always try to be honest and transparent when trading. Trading in Islam must be done honestly and avoid practices that are not supposed to be done.
Honest is one of the characteristics of the Prophet Muhammad namely 'Siddiq'. One of the honest behaviors in trading is not exaggerating the results of the existing scales and not lying about the condition of the goods being sold.
1.3. Selling Halal Goods with Good Quality
In accordance with the principles of Islamic law, avoid all forms of transactions that are forbidden such as usury, gambling, and so on. Be sure not to sell defective or damaged items. Instead, sell quality goods so that buyers feel happy and you also benefit from every transaction.
1.4. Take Reasonable Profits
It's no secret that one of the goals of selling is to make a profit. Even so, take reasonable profits so that your sales results can be a blessing.
The wise way to take advantage is to take into account costs in terms of production, raw materials, marketing, and so on. With you taking reasonable profits, buyers will also be satisfied to shop at you.
1.5. Be Friendly and Polite To Buyers
The next way to trade in Islam is by prioritizing good service such as being friendly and polite to buyers. One example is by not discriminating between buyers based on gender, social status, or the number of items purchased. Try to keep providing good and the same service.
On the other hand, friendly and courteous service can make buyers feel comfortable and satisfied to buy at your place. A friendly and polite attitude also makes customers feel valued.
1.6. Compete in a Healthy Manner
In trading, competition is something that is very reasonable. Meanwhile, make sure to compete in a healthy manner. Some of the ways you can compete in a healthy manner are to provide good quality service, sell quality goods at competitive prices, and apply the right marketing strategy. In short, put service and quality first.
1.7. Use a Marketing Strategy
Trading should be accompanied by the use of marketing strategies to target more customers according to the predetermined target market.
In addition, think creatively and innovatively to adapt existing marketing to today's developments. If you have this, it is not impossible that the business you have is able to run well.
1.8. Keep Trying, Never Give Up
Allah SWT always commands us not to give up easily and always strive in every step. As stated in the Qur'an, "And do not despair of Allah's mercy. Indeed, those who despair of Allah's mercy are only those who disbelieve." (QS. Yusuf: 87).
Therefore, keep trying and don't easily give up on the various obstacles that are in front of us, because indeed Allah will not test His servant beyond his limits.
2. 5 Benefits of Trading in Islam
In addition to obtaining profits in the form of assets that can be used to live a life and share with others, trading in Islam also has a number of other benefits, including the following.
Image Source: Freepik/odua
2.1. Improving Economic Welfare
By trading, you can improve economic welfare, such as meeting primary needs and other needs that are important for the survival of you and your family.
2.2. Practicing Independence
Trading is able to train one's independence. The reason is, you are required to be a versatile person and able to lead the business that you are currently living. This includes implementing various strategies and innovating so that the business is able to compete with competitors in its field.
2.3. Expanding Connections and Establishing Hospitality
Trading allows us to meet many people from all walks of life with different backgrounds. This of course can be a great opportunity to expand your business reach and learn many things from others. The more people you know, the more knowledge you will get.
2.4. Sharpen Entrepreneurial Ability
By trading you can explore your potential, one of which is entrepreneurial ability. You will learn how to manage a business so that it can run well.
2.5. Obtaining Blessings
Trading in Islam is a noble and positive action to take, especially if it is well-intentioned. As is the case with selling goods at reasonable prices, competing in a healthy manner, to opening jobs for other people.
Islam teaches us to always do good to others and all living things on earth. Without a doubt, in Islam giving work opportunities to others is a good practice.
BFI friends, that was a discussion regarding 8 ways to trade in Islam that you can follow. Need additional funds for various purposes? Just apply for sharia financing at BFI Finance! Sharia financing solutions range from car purchases, education, and home renovations, to wedding needs.
Click the link below for more information!
Used car financing in accordance with Sharia principles by using a sale and purchase contract without wakalah.
Financing for the purchase of goods (multipurpose) with the guarantee of a Car BPKB, such as building materials, household goods, and other goods that have benefits for you.
Financing for multi-service needs with a car BPKB guarantee, such as financing for weddings, house rentals, shop rentals, franchise purchases, home renovations, and others.
Funding for education ranging from pre-school to college and courses, we can now finance using the BPKB Mobil guarantee.
Sharia Multipurpose Financing (Cash Fund) with a Car BPKB guarantee.
Find other inspiring information only on the BFI Blog!