Islamic Entrepreneurship: A Study of the Waqf Well Story Saidina Uthman r.a.

Entrepreneurship is one field that can provide benefits to Muslims. The field of entrepreneurship needs to be given attention and polished through the lens of Islam to develop according to Islamic principles and shari’ah. In this regard, Muslim entrepreneurs should emulate and appreciate the seerah...

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Bibliographic Details
Main Authors: Khaulah Hilaluddin, Mohd Nazri Muhayiddin, Mohd Zulkifli Muhammad, Anis Amira Ab Rahman
Format: Article
Language:Arabic
Published: Sultan Ismail Petra International Islamic University College (KIAS) 2024-05-01
Series:Rabbanica: Journal of Revealed Knowledge
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Online Access:https://ejournals.kias.edu.my/index.php/rabbanica/article/view/311
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Summary:Entrepreneurship is one field that can provide benefits to Muslims. The field of entrepreneurship needs to be given attention and polished through the lens of Islam to develop according to Islamic principles and shari’ah. In this regard, Muslim entrepreneurs should emulate and appreciate the seerah of Uthman’s well-endowment through the creation of new ventures. The story of Bi’r Ruwmah, also known as the well of Saidina Uthman bin Affan r.a., is mentioned briefly and concisely in the hadith of Al-Bukhari’s narration. It describes the process of starting and developing a business, namely how to plan ideas, find opportunities, prepare plans, and implement strategies. This story can also serve as a guide for Muslim entrepreneurs using the waqf entrepreneurship model. Therefore, this study aims to explore the story of the phenomenon of entrepreneurship in this hadith from the perspective of Islamic entrepreneurship. A qualitative study was carried out to delve deeper into the content of His Prophet's hadith. The study's findings shed light on the Companions of the Prophet's practice of Islamic entrepreneurship, highlighting their character, behavior, thought, action, and strategy to seize opportunities, prioritize the well-being of Muslims, and achieve success in the afterlife. In summary, this story also shows how important it is to prioritize mastery of religious knowledge in understanding creed, worship, and morals while venturing into other fields to produce an execution and thoughts that align with Islamic principles. To enhance the quality of life and fulfill the fundamental needs of the Muslim community, efforts should be sustained by individuals, communities, non-governmental organizations, and government entities to develop endowment-based wells.
ISSN:2773-5583
2756-7893