Lectures in strategic mgmt / perception of resources in Islam / Azhar Kazmi / The Perception of Resources in Islam Prof. Dr. Azhar Kazmi Department of Business Administration International Islamic University Malaysia

Lectures in strategic mgmt / perception of resources in Islam / Azhar Kazmi / Meaning of resource in conventional management Resources are: Naturally available Scarce and limited Perishable Shared on the basis of self-interest Sharing on the basis of competitive rivalry

Lectures in strategic mgmt / perception of resources in Islam / Azhar Kazmi / The many facets of resources in Islamic sources - I All resources come from Allah Living resources created in pairs for growth in number Resources created in a variety Resources to be shared with the needy Resources are not meant to be hoarded Resources created in proper proportion and measure

Lectures in strategic mgmt / perception of resources in Islam / Azhar Kazmi / The many facets of resources in Islamic sources - II Multiple usage of resources Resources are created of which human beings have no knowledge Resources to be consumed and to be thanked for and appreciated as gift from Allah Usage of resources regulated through the divine laws There are some forbidden resources or forbidden usage of some resources

Lectures in strategic mgmt / perception of resources in Islam / Azhar Kazmi / The many facets of resources in Islamic sources - III No creation of Allah has exclusive right over resources Resources have a finite life and will be destroyed at the command of Allah on the Day of Judgment Human beings are likely to be greedy and to covet resources

Lectures in strategic mgmt / perception of resources in Islam / Azhar Kazmi / The many facets of resources in Islamic sources - IV The nature of resources is ephemeral Resources are made desirable for human beings Unethical acts to devour other’s resources is illegal