Tuesday, January 5, 2010

Protecting the Environment Through Islamic Entrepreneurship

1. As humanity becomes more concerned with the materialistic possessions of the world, we tend to lose sight of who we are and where we come from. In the name of progress and capitalism, we exploit the environment to satisfy our desire for worldly things.

2. These selfish acts have caused the world as we know it to suffer greatly. As a result of humanity’s pollution the Earth is undergoing problems such as global warming, piling landfills and dirty water. By the end of the day, it is we, humanity that will suffer for our mistakes.

3. As Muslims, Allah has bestowed upon us, as Khalifah of this world, the responsibility to take good care of it. Through the strength and spirit of our Ummah can we seek to make the change for the betterment of our world.
There are many initiatives that have been started by various organisations towards protecting our environment. Most of them are non-profit operations. These operations are run by a dedicated group of people who are very committed to making the world a better place.

4. However, being non-profit, they rely on external sources of funding in order to manage their operations. Therefore, they are not self-sufficient.
How can we, as Muslims, come up with a self-sufficient way to protect the environment?
We can, through Islamic Entrepreneurship.
Islamic entrepreneurship is the very opposite of capitalism. It prioritise the needs of the many before the needs of the few. It ensures that wealth flows down equally to all involved. It places great emphasis on creating sustainable solutions for the long-term, as opposed to short-term gain.
By identifying current environmental issues and using Islamic Entrepreneurship Principles to identify business opportunities, we can work together, as an Ummah to protect the environment.

5. Pusmal, in cooperation with PMIUM are organising a talk featuring Sheikh Hussein Yee, renowned Islamic Scholar and Philosopher and the CEO of PZ Bio Energy, a company dedicated to clean energy research and production. The talk will discuss Muslim’s responsibility to the environment and how we can help the environment via Islamic business methods.

6. We hope that through this talk, young Muslims will be motivated to help the environment by taking part in Environmental Islamic Entrepreneur Initiatives. Opportunities to join such initiatives will be provided at the talk.

Mohamad Hafiz bin Ilyas,
General Secretary,
University of Malaya Muslim Students Association.

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