Best Business Practices

Business Partners

Business Partners

Business Partners

Dawood as & the two angels:

After this encounter Dawood as says

“Trustworthy business partners are difficult to find”:

“Truly many are the partners in business who wrong each other: not so those who believe and work deeds of righteousness, and how few are they?”

This has been said over 3000 years ago and it still holds true. How many business partners fall out due to pride, greed and dishonesty?

To overcome this also the Quran advises us in surah baqarah ayath 282 this is the longest ayath in the Holy quran

“Oh you who believe when you contract a debt
for a fixed term record it in writing”

The word debt also means obligation or responsibility and fixed term means ensure the contract has a period of validity

All business agreements must have a signed off memorandum of understanding and simple promises to employees we must give in writing and tell them to show it to you once they achieve the target.

The reason why we are on earth is Adam as forgot his promise to Allah. How easy is it for us to forget our promises?