بسم الله الرحمن الرحيم

Monday, 9 October 2017

ISLAMIC CORPORATE GOVERNANCE

ISLAM ON GOOD GOVERNANCE:-


IN THE NAME OF ALLAH (SWT), THE MOST COMPASSIONATE AND THE MOST MERCIFUL.

ISLAM ON GOOD GOVERNANCE 

No nation can dream of progress and development without good provenance. It is necessary for all state and non-state organizations to abide by the principles of good governance in order to move forward and achieve the goal of public warfare.
If we talk about state level, it will be regarded important and connected with a nation's overall development and its sustainability. Mob cannot go forward until they follow the principles of good governance. Good governance is a culture that makes people act responsibly, thoughtfully and sincerely.

People in authority act within the parameters of the law and take upon themselves the country's concerns and hardships. They remain impersonal in the discharge of their responsibilities and imperturbable in front of critics. However, we have a shining example when the Holy Prophet Hazrat Mohammad (SAW) became head of the state of Medina and exemplified good governance. He created a bond of brotherhood among the Muslim citizens, concluded agreements with non-Muslims and remained concerned about their welfare. He upheld the Islamic value system in which justice remains central. HE declared that all humans are the offspring of Adam and that there is no difference between Arab and non-Arab (Ajam).

Islam is the best religion which guides us in all aspects of human life. Our value system originates mainly from the Holy Quran and our progress is forever dependent on its application. We find a number of Quranic injunctions considered to contain the essentials of good governance.
ISLAM ON GOOD GOVERNANCE:-



First is the concept of Amanah (trust).ALLAH (SWT) says that to Him belongs whatever is in the heavens and whatever is on earth.
Every human being is a trustee on earth. All his possessions, including health, wealth, livelihood, power and status belong to ALLAH (SWT).

One who performs his or her duties honestly is upholding his Amanah(trust). ALLAH (SWT) enjoins believers to....."Betray not ALLAH and His Messenger, nor betray knowingly your Amanah(trust) (things entrusted to you and all the duties which ALLAH (SWT) has ordained for you."
In the light of this concept, no one in authority is absolute; one has to remain unsoarable to his conscience.

Another important principle of good governance is that the ruler must be sincere and of impeccable character .He must consider himself not a ruler but a servant. Similarly, he should be mindful of his every act, that it should not harm his subjects. Those who transgress their limits are the most disgraceful, and the Quran refers them as Salomon.
Merit is also one of the important principle of good governance, whereby all appointments in state and non-state organizations are made on the basis of competence .Every Human is born with certain inherent competencies and those who actualize their competencies with hard work, integrity and honesty get a premium.

Nature rewards them for being active and hardworking. The Quran says" And that man can have nothing but what he does.
In meritocratic societies people upgrade themselves professionally and grow economically due to their performance, competence and ability.
Islam encourages Muslims to acquire knowledge and occupy the best position in their societies.

We read the life history of Hazrat Yousuf (AS) who was in captivity but was called to head the food ministry because of his high degree of competence and knowledge. He was thus able to prevent the impending famine. Here knowledge became fundamental in governance. A person who has high knowledge so he can run the governance well. So Islam is the religion of peace and judgement. If we have knowledge about Islam we lead a very wonderful life.
  

At the end I would like to request each and every one please focus on Islamic principles, it would be the best for all of us in this world and hereafter as well.


Written By:-
                  Syed Ihtisham Ulhaq Bin Syed Moulana Muhammad Khwaja Din                                                                                                                                              

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