Some people advocate for the concept of “conscious capitalism,” which emphasizes the importance of ethical business practices alongside profit-seeking. The underlying idea is that pursuing profits should not come at the expense of fellow human beings.

This principle aligns with the teachings of Islam. Islam promotes the notion that individuals should respect property rights, unlike the ideologies of communism and socialism. It encourages entrepreneurship, self-reliance, and the pursuit of profit. However, Islam also emphasizes the importance of helping others and recognizing that this world is a temporary trial. Ultimately, individuals will be held accountable by God once their souls depart from their bodies.

Islam offers a holistic worldview that takes into consideration all aspects of human beings, including the physical,psychological, and spiritual dimensions. The various commandments and prohibitions in Islam are designed to benefit not only the individual but also their family, community, and society at large.

Shaykh Hamza Yusuf (Mark Hanson) tells a story that illustrates this: