Mirza Yawar Baig – P&L Account
AI: Summary ©
The speakers discuss the importance of P and L accounts as crucial documents for businesses, emphasizing the need for regular accounting for deeds and rewards for employees. They stress the need for regular accounting for deeds and warn about the negative consequences of social media. They ask Allah for forgiveness and cover themselves and warn themselves about their mistake.
AI: Summary ©
In any business, when you do the accounting
for your business, there is a basic fundamental
document which many of you are probably using.
If you are not using, you should use
it and we call that the P and
L account, profit and loss account, P and
L account.
Ideally, this is a document, it is a
calculation which is done at the end of
each day.
So, today's sale is so much.
In this sale, I made this much profit
and this much loss and of course, it
is done for your quarterly review, it is
done for your annual tax calculation, whatever.
P and L account, this P and L
account is probably the most critical document or
measurement which will tell you the health of
a business.
So, if I was buying a business, I
would say show me your P and L
account and then I will have an idea
of whether this business is, how it is
doing, is it healthy, sick or not.
The reason I am saying this is because
this is exactly how our life also works.
Whether we calculate it or not, at the
end of the day, the angel which are
sitting here, the Kiram and Katibeen, they calculate
a P and L account, a profit and
loss account.
Profit from here, loss from here, their account.
And when we meet Allah Subhanahu Wa Ta
'ala, when we go into our graves and
when we are called before Allah Subhanahu Wa
Ta'ala on the Day of Judgement, there
will be our P and L account, profit
and loss.
So, one thing I advise you and I
advise myself, let us do our own accounting
before the accounting is done for us.
Because it will be done one day.
As our Huzoor said, make your hisaab before
your hisaab is made.
Do your own hisaab, do your own accounting
before it is done for you.
So, sometimes when I teach, the leadership course
I teach, five-day residential program called Leadership
Excellence Course.
We begin with this.
The first thing I tell people is, you
give them a sheet of paper, draw a
line down the middle, on the left, right,
loss and profit.
And I tell them, now write down, according
to you, in your memory, think about it.
And say, what will you put?
In the profit column, what will you put?
In the loss column, what will you put?
So, in the profit column will go everything
which is, for which we ask Allah for
a reward.
So, all your ibadat, all acts of worship,
all acts of charity, kindness, bir al-walidain,
being good to your parents, right, good to
the neighbours, whatever.
Anything which is good, which you expect Allah
subhanahu wa ta'ala, you ask Allah subhanahu
wa ta'ala to reward you.
So, salah, saum, taqat, hajj, umrah, tilatul quran,
zikrullah, salah al-nabi, everything.
And on the loss side are all the
sins.
So, what did we do?
Did we lie?
Did we cheat?
Did we not pray when we should have
prayed?
Did we not give zakat when we needed
to give zakat?
Did you ghibah, namimah, you know, backbiting, slander,
and so on and so on, whatever we
do.
May Allah have mercy on us.
And then you total up and see how
it looks.
Does it look good or does it look
bad?
Because even if you cancel one against the
other, what is left?
Now, in that process, also remember that both
for the good and the bad, there are
deeds which are individual for which you get
a reward.
For example, we prayed salatul isha.
Alhamdulillah, we asked Allah subhanahu wa ta'ala
for reward for salatul isha.
This is done.
There are other deeds for which you get
reward, not only for that deed, but in
the future.
It will earn for you.
What again in financial language we call earning
assets.
So there are dead assets and there are
earning assets.
If I buy a bar of gold for
$300,000, this bar of gold is worth
$300,000.
It sits there.
And some price fluctuation and so on, it
will retain its value.
But other than that, it doesn't earn anything
specifically.
But I take the same $300,000 and
I put it into a commercial building, then
it's earning for me the building value going
up and down, that's one.
But also every month I'm getting rent.
So I have a rental income from this.
So that $300,000 which if I put
in a gold bar compared to I put
it into a commercial building or housing or
something or land, this is earning me revenue
because it is earning me rental value.
So earning assets.
So similarly in our good deeds, we pray
to Salatul Isha, Alhamdulillah.
We get reward, we ask Allah for reward.
But supposing I teach how to pray to
somebody who does not know how to pray.
Same Salatul Isha.
Same Salatul Isha, but I see a brother
of mine, maybe he's a new revert or
something.
You don't have to be a revert.
Many Muslims, Alhamdulillah, we just do something.
We don't learn.
So you teach somebody to pray.
Now what happens?
Now what happens is that for every Salat
that he does, you get reward.
Because Rasulullah s.a.w. said whoever teaches
something good, Allah s.w.t will continue
to reward him as long as that good
is spread all from generation to generation until
Allah has established it.
So different kinds of good deeds, Alhamdulillah.
By all means, do things which will give
you immediate reward, but make sure you also
buy some earning assets.
The work of Dawah.
You invite somebody to Islam, and Alhamdulillah, somebody
who is not praying, he starts praying.
Now your account has started.
Somebody who was not fasting, starts fasting, your
account has started.
Somebody who was earning haram, now he leaves
it, he is earning halal, your account starts.
So all the works of Dawah, Alhamdulillah, are
revenue generating assets.
At the same time, the opposite is also
true.
May Allah have mercy on us.
Opposite is also true.
There are sins we do which is a
single sin.
It's bad, but it's one.
But there are other things.
I slander somebody, I send out a message
on social media.
Social media is a, subhanAllah, ajeeb.
This is pure creation of shaitan.
Pure creation.
Because if you say it's communication, we had
communication before social media.
You could pick up a phone and call
somebody, you could write a letter to somebody.
Right?
It wasn't that people were not communicating before
they had smartphones?
What's the meaning?
People were communicating, Alhamdulillah.
What the smartphone did and social media, what
it did was, it gave us the ability
to reach the whole world, practically.
Right?
One thing which goes from here, one message,
like this recording now, it goes onto the
net.
It goes all over the world.
Now, Alhamdulillah, if it is good, Alhamdulillah.
But if it's bad, yeah, it's earning for
you.
It is earning the fire of Jahannam for
you.
And it will continue to earn because the
thing which I sent out on social media,
after that, tomorrow morning, I drop dead.
Khalas, I'm dead.
My amal are finished except the ones that
continue.
Just as Sadaqah Jariyah, there's also the opposite
of Sadaqah Jariyah.
May Allah have mercy on us.
It continues.
So whoever is reading that, whoever is, you
know, all of that is coming into my
cover.
So I remind myself and I warn myself
and I warn you.
Let us make our hisab before our hisab
is taken.
Today, don't go to bed until you take
a sheet of paper, put a line down
the middle.
On the right side, you write your profit.
On the left side, you write your loss.
And then make istighfar and tawbah for all
the loss.
Make sure that you clean that account before
you go to bed tonight.
Because we don't know if you will wake
up tomorrow morning or not.
Make sure that the loss side is zero.
And make sure it remains zero, always.
Even if somebody sends you a message, please,
you know, I fold my hands to you.
Subhanallah, please leave me out.
Leave me out of this.
I don't want to know.
You know what, don't say, no, no, no,
I don't want to know.
Please, I do not want to know.
Oh, he was telling me, he was talking
about you.
Oh, Subhanallah, let him talk.
Don't tell me.
I don't want to know.
He was saying bad things.
Oh, no problem.
Alhamdulillah.
May Allah have mercy on him.
He is giving me his hasanat.
Why do I want?
I don't want to listen.
Don't tell me.
I don't want to know.
Please, let us not.
Allah knows best who has how many hasanat.
Let us not destroy what we have.
And let us not earn azab of Allah
SWT for free.
You make one statement, you say one bad
thing, and then that thing is floating around
in the cyberspace and attracting the ghadam of
Allah.
We ask Allah SWT to save us from
ourselves, to save us from the wasafis of
shaitan, to save us from our nafs, to
save us from our hawa, to save us
from our arrogance and our ego and our
kibble.
We ask Allah SWT to make us humble
and to bring us down to our knees
with khair and barakah so that we fall
in sujood before Him and we ask Him
for His forgiveness.
We ask Allah to forgive us.
We ask Allah SWT to hide our sins
and faults.
And we ask Allah SWT to give us
hayatan tayyiba in this life and to give
us jannat al-firdaws when we meet Him.
Sallallahu alayhi wa ala nabiyyil kareem wa ala
alihi wa sahbihi ajma'in.
Bi rahmatikahu wa barakatuhu.