What is purpose of business in islam
And entrepreneur hazrat about Rahman bin auf
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Added: Nov 02, 2025
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Hazrat Abdur Rahman ibn Awf (RA) The Innovative Muslim Entrepreneur Presented by: Shah Fahad & Hammad Rasool Course: Entrepreneurship
Introduction to Entrepreneurship • Entrepreneurship means identifying opportunities, taking risks, and creating value. • Entrepreneurs are innovators, leaders, and contributors to society. • Islam encourages honest work and trade as a source of Halal livelihood.
Entrepreneurship in Islam • Islam supports trade and business when done with honesty and justice. • Qur’an (62:10): “Then disperse through the land and seek from the bounty of Allah.” • Hadith: “The truthful and trustworthy merchant will be with the Prophets, the truthful, and the martyrs.” (Tirmidhi) • Business is a form of worship when done with sincerity and fairness.
Early Life of Hazrat Abdur Rahman ibn Awf (RA) • Born in Makkah, among the first to embrace Islam. • Migrated to Madinah leaving behind wealth and property. • Upon arrival, he started business from nothing — said: 'Show me the market.' • His honesty and hard work quickly brought success.
His Business Journey After Hijrah • Began trading in small goods in Madinah’s market. • Reinvested profits, expanded into large-scale trade. • Dealt in food supplies, textiles, perfumes, and livestock. • Established himself as one of the most trusted businessmen.
Principles of His Entrepreneurship • Honesty and transparency in trade. • Avoiding fraud, interest (riba), and cheating. • Helping others to start their businesses. • Fair pricing and high-quality goods.
His Innovations in Business • Introduced partnership-based trade (similar to modern joint ventures). • Diversified business into multiple sectors. • Created employment and supported market growth. • Viewed business as a way to fulfill Allah’s command, not just for profit.
His Generosity and Charity • Donated thousands of dinars and camels in the path of Allah. • Supplied provisions for the Muslim army in many battles. • Helped the poor and supported widows and orphans. • His wealth was always a means of service, not luxury.
Lessons for Modern Entrepreneurs • Start small, work hard, and trust in Allah. • Be honest and socially responsible. • Combine business success with charity. • Use wealth to serve humanity and strengthen the Ummah.
Conclusion • Hazrat Abdur Rahman ibn Awf (RA) showed that success with faith is possible. • Business in Islam is an act of worship when done with honesty and good intention. • Let us follow the example of the Sahaba and become ethical, innovative entrepreneurs. Thank you!
Trade and Products of Hazrat Abdur Rahman ibn Awf (RA) • Started with small goods in Madinah’s local market. • Later traded textiles, perfumes, oils, grains, livestock, and leather products. • Imported high-quality items from Yemen, Syria, and other regions. • Sold essential commodities to meet people’s daily needs. • Focused on fair pricing, honesty, and customer satisfaction. • Purpose: to earn Halal rizq and serve the society, not just profit.