Life is meant to be lived to the fullest, Allah the Exalt wants us (mankind) to truly enjoy life.
Wealth then is in essence from Allah SWT and man is His trustee on earth.
WEALTH GENERATION
Wealth Generation is the primary source of wealth management. As we gather knowledge and be good in our respective work, job or task, we maintain and increase our INCOME. Can we create income? whilst I stand to be corrected, I believe no one (mankind) can create their income, they can however generate income through the Grace and Mercies of Allah, the Exalt. Allah ar Razzaq.
"Allah alone can decrease and increase wealth, and to Him you all shall return" Quran 2 vs 245"He grants wisdom to whom He pleases; and whoever is granted wisdom is indeed given a great wealth, yet, none except people of understanding learn a lesson from it" Quran 2 vs 269.People look at Income and keep a job to maintain that income, yet the (Rezqi) sustainance from Him is 90% from Trade and Business and 10% from employment. Many still complain that they are finding it hard to go by (maintaining cost of living) So we have one category of people known as employees and another entreprenuers.
Wealth apart from money, also refers to our materialistic assets. Properties such as land, buildings, monetary values (cash and shares) in the banks and safe boxes. There are intangible assets as well, such as business ideas and or concepts / ideas that can be of good and beneficial to mankind. These too can be generated. Starting a business set up too is a form of wealth.
Our health and knowledge acquired over time, is indeed a form of wealth. It is therefore important that we know how to "preserve" what we have put together.
If you are experiencing one of the above, please email me at
afazeer@yahoo.com or
afazeeryap@gmail.com to fix an appointment with the objective of ensuring yourself with adequate income and money for your entire lifetime and for the next generation/s to come. insya Allah. Please include your name and contact number, and the state / city that you live in, so that a convenient time and place can be arranged for the meeting.
WEALTH PROTECTION
Money, Business, Job and Tasks, Health, Knowledge, Attitudes and Wisdom are all wealth that needs to be protected. For many even "Ideas" need protection. This is because an idea can be worth much if made a reality. For example, the Roman Empire that rose and fell is an idea. It was built upon by a vision and through the corruption of that vision the empire fell. The stories of the people of Ad and Thamud, the stories relating to Nabi Lot AS, these are all wealthy nations, yet they have not guarded their Deen and became wrong doers... eventually they were destroyed by their own doings.
On a "down to earth" notion, wealth protection is clearly a strategy that man (and woman), you and me have to implement. This exercise relates to the management and treatment of risk that we as human faces every day of our lives. This in turn brings us to an important activity, that of planning.
"Nobody plans to fail, yet many fail to Plan", the keyword connotes Preparation. Being Prepared, Getting Ready, Being Vigilant; for what, for keeping together what you worked so hard to build up. Dr. Stephen Covey's message of "never allow what matters most to you to be at the mercies of what matters least" is in essence the teachings of Prophet Muhammed (SAW) the teaching of being prepared and or doing first things first!. TERTIB.
Prevention is better than cure ! Do the first things first. Health and Bodily Cleanliness like taking a bath or bathing two, maybe even three times a day would clean off dirt and keep the body fresh. Similarly wealth protection of our body, minds and soul and in the context of materialism such as money, assets and income, we too must protect this wealth.
WEALTH ACCUMULATION
Ever ride a bicycle uphill? Well, that how wealth accumulation is similar to. If you stop, you fall off, if you keep paddling, you grow tired, if you don't do anything, you will start to worry. Wealth accumulation is a constant process. Your assets must be invested, it should not be left idle.
Throughout history majority of people become poor because of the lack of knowledge and skills in investing.
Remember the acroym ASSET. A for attitude, your attitude towards any investment or activity does have a direct bearing over it's profitability. S for skills, your need skills in accumulation of wealth, S for strategy, a planned and systematic line of actions / task. E for experience, usually your past experience determinds whether you are comfortable with each investment or activity. T for transactions. You need to be constantly trading, buying and selling, generating and building a profitable business, property or even value of your money.
WEALTH PURIFICATION
Zakat, Sedaqah, Tabarru and many others are form of purification of wealth. As have been mentioned earlier, wealth is not only in the form of money, knowledge (ilmu) and our health is also a form of wealth. This subject of purification is wide, for example, fasting purifies the body and is good for health.
WEALTH DISTRIBUTION
Allah the Exalt, has ordained wealth distribution through the law of inheritance (Surah An Nisa 11, 12 and 176) Alhamdulillah! Man can distribute wealth via Wasiat, Faraid or Hibah. Wealth can be distributed during the lifetime of a person as well as after his / her demise. There are of course various means to do the righteous deed/s.
Many do not know that the FARAID is not the only way to distribute your wealth. Alhamdulillah! there are lost of "instruments" available. Check with your local Imams and leaders (Perkim, JAIS, MAIS, JAWI) Insya Allah we could meet when you attend my seminars
such as "Islamic Financial Planning - Acts of worship and daily practices of a Mu'min and Mutaqin" insya Allah.
The Holy Qur'an give us clear guidance in all our situation/s. Allah is the Knowledgeable, Wise.
