Determinants of Business Success: An Analysis of Islamic Perspective

This study explored the determinants of business success from an Islamic perspective, focusing on the relationship between Allah's decree, human endeavor and individual or business success. The paper is conceptualised based on library research method, involving a comprehensive review of literature from the Quran, books of Hadith, and scholarly journals. The views of Islamic scholars were obtained and analyzed to justify the relationship between the variables under investigation. The study revealed that there are specific success factors that individuals and businesses should identify and utilize to achieve success because success is a combination of effort and reliance on Allah and taking necessary means and making efforts in order to achieve it. The study also revealed that action is necessary in shaping an individual's destiny, and individuals need to actively participate and make choices as such choices affect their journey both in this life and the hereafter. The study recommended that individuals and businesses should identify and utilize the success factors discussed while exerting effort towards their goals. It further advised against pessimism regarding Allah's decree and encourages perseverance and confidence in working towards success.