Sajid Ahmed Umar – Transformers Ep. 6 – A Little Profit Is Important Too

			Salam Alaikum warahmatullahi wabarakatuh brothers and sisters in Islam, may the peace and blessings
of Allah subhanho wa Taala be upon you all and welcome to transformers.
		

			In this episode six
		

			since we've been discussing in the last two episodes matters pertaining to money, I'd like to
discuss in this particular episode The importance of not belittling, a little profit. So when we
trade, obviously, we trade with the purpose of making a profit. And especially in this day and age
where
		

			greed can become an underlying factor, whether consciously or subconsciously in how we make business
decisions. It's important to remember the way of the pious before us when it came to trade. Earlier
of the law, he used to walk through the markets of Kufa. Kufa was a city in Iraq. And he used to
walk with a with a whip, a type of whip,
		

			with obviously the intent of disciplining the traders. And this was for the sake of ensuring that
through trade, people didn't lose their religion. We know that Islam is not just a religion, but our
entire holistic way of life. And thus, we have rules and regulations pertaining to trade and matters
related to marriage, and divorce, and custody, and even matters related to judiciary and civil
justice, and so on and so forth. There's laws in Islam pertaining to all facets of life. And you may
have come across a teaching related to memory will happen to your loved one, in that he used to also
give a spot exam to traders entering the markets in Medina, to ensure that they don't end up
		

			practicing
		

			matters related to interest and bringing corruption to the markets of Medina. So he would give them
a spot trade and a spot exam related to trade. And if they failed, he would refuse them entry into
the markets of Medina until they went and learned the trick of trade so that they didn't bring
		

			corruption into the markets of Medina. So Ali, he used to be a law firm, he used to work with a whip
and he would tell the, the traders that will have to
		

			be careful with regards to the rights of trade and the rights of the traders. And then he would say,
if you give Huck its do and give people the hack, then you will succeed and be saved. And then he
would tell them to not be little, a little profit, because if you belittle a little profit, then you
will be forbidden from
		

			the major profit. Right. And even robiola, one who was blessed in his trade, he was a wealthy man
and a diligent trader, and he passed away as a as a billionaire, really in today's currency. And he
was asked Massa Babu ESR, what is the reason for this financial standing that you have this great
wealth that you have? And he would say three things, and from the three things he would say is that
he would say is one of the three reasons why I am rich, after the fall of Allah subhanho wa Taala,
of course, is that I never belittled a little profit, I never,
		

			you know,
		

			sort of refused a transaction because the profit from it would be a small amount. And that's what we
do. Sometimes Sometimes, we refuse a sale,
		

			even though it makes sense to do it even though we would achieve other rewards by doing it and
helping the buyer as well. We refuse that trade,
		

			feeling that we would make a greater trade in the future. Now, this is not wrong in and of itself,
but from the HELOC of a Muslim is not to belittle little profit because what happens is sometimes
you don't make that trade and then the markets turn and we see this in today's day and age and when
the markets 10 then you end up making a loss and when greed sort of becomes an underlying value upon
which you subconsciously without realizing make your deals and not many traders actually revise the
ethics revise the ethos, sort of revise themselves take themselves to account not many traders do
this. So without them realizing they hate greed but without them realizing they tend to have
		

			a trade philosophy that without them realizing does have an attachment to
		

			This one for more, even if we don't call it greed, but this, this one for more at any cost, and then
you end up doing harm. I mean, today, this FX trading that many people are getting involved in, they
get involved in it. And even though it may take care of the hand to hand the stipulation, when
trading currencies, so they don't
		

			exchange a currency without receiving the counterparty and giving the counterparty so they they're
trying to take care of the rules of Islam with regards to FX trade, but then they end up using the
concept of leveraging, right, and those involved in it will know what this term means. And it's a
form of
		

			getting an amount from the program that's allowing you to trade an amount of money so that you can
exchange higher volumes of the currency, and as a result, make a greater profit. So what happens is
they belittle trading, without leveraging and accepting a little profit? Why? Because why should I
make a little profit when I can make more? So let me just take the offering from this program that's
allowing me to trade. You know, it makes sense because I'll make more money the deal is right, I
will make a profit on the currency trading, the higher volume of currency exchanged entails a bigger
profit. But little do they realize that they actually entering Riba you entering interest because
		

			the program that gives you this money gives you the money, and you have to pay it back, which makes
it a type of loan, and then they stipulate a percentage
		

			on top that you have to pay the amount back with. So this is Riba and many people don't realize it
and they enter into it. And the stimulus for it was that initial concept that why should I make a
little profit when I can make a bigger profit, so in essence, they belittling the smaller profit. So
brothers and sisters in Islam, in order to change our lives and transform it, we have to also ensure
that our trade is in order. You know, many times people say that we making dua to Allah and Allah is
not answering our door, and we have this problem in our life and that problem in our life. And why
is this the case and one of the or sometimes it's a marriage issue that they're going through? So
		

			what I do is, I try and analyze the situation and when I peek into the transactions,
		

			they get confused. Why are you asking us about transactions? We asking you about drama, we are
asking you about a marriage issue that we're having. We're asking you about issues pertaining to our
children. Why are you asking us about our dealings? And I say that Do you know that one of the
reasons why you guys are not accepted is because of eating heroin? They say well, we don't eat
heroin. Well, okay, you buy a halal, that's good, but if you buy halal with her money, and that
makes the halal haram right. If your food is haram and you drink is haram, the Prophet sallallahu
alayhi wa sallam said that your drugs will not be accepted. So now and your clothing is haram, yours
		

			won't be accepted. So now you buying
		

			clothes and food which is halal in and of itself with money, which you earned in a haram way this is
going to affect other areas of your life. It's going to reduce the Baraka in your life. And as I
share
		

			this lesson number six
		

			of Transformers because we want to transform our lives, this lesson is related to not belittling, a
little profit, because if you do, it may just end up being a means of you losing a greater profit
because of
		

			you entering transactions that are dubious, from a Sharia perspective that are questionable, from a
Sharia perspective and then that will have an overlaying effect in other areas of your life. May
Allah subhanho wa Taala bless our trade, forgive our past, inspire our futures. I mean, the
Honorable alameen Allah subhanho wa Taala make us people make us a people that transform our lives
from the inspirations that we receive. I mean, I love you all for the sake of Allah until next time,
salaam Allahu Allah, automation warahmatullahi wabarakatuh