[justify]Islam is a complete way of life for the human being. Everything is covered in Islam from birth to death to live in the complete submission to the Will of the One Who Created man in the first place. Quran and Sunnah are the best resources that answer all questions that related to the whole world.
Islam also covers issue that related to business and economics. The Islamic principle in business basically based on benefiting the humanity while maintaining God’s orders. Islam is not against business to make profit. This is because a firm would not be in apposition to fulfill its social obligations without it (profit). Although Islamic economic system allows private ownership of resources and profit maximization, there is no good or services can be produced that can harm the society. Hence, this concept meets the criteria of maslahah (public interest) which can be define as juristic device used in Islamic legal theory to promote the public good and prevent social evil or corruption. Its plural is masalih, means “welfare, interest, or benefit.”.
Products and services that can bring harm to community, even if wanted by society, will not be produced under the Islamic economic system. For example, alcohol, drugs, cigarettes and etc.
This refers to Hadith Prophet Muhammad (s.a.w):
"When God prohibits a thing He prohibits (giving and receiving) the price of it as well."
(Ahmad and Abu Daud)
Islamic economic system also against the trading that related to goods which are normally used for committing sin is haram. Examples of such things are swine, intoxicants, and other prohibited, idols, crosses, statues, and the like.
The Prophet (s.a.w) said:
"Surely, Allah and His Messenger have prohibited the sale of wine, the flesh of dead animals, swine and idols."
(Al-Bukhari and Muslim)
Based on the example above we can conclude that all products and services that are prohibited by shariah, even if wanted by society or can bring high in profit, it will not be produced under Islamic economics system. We also as Muslim need to remember that we are given responsibilities or amanah by Allah to utilize all the resources given by him wisely. All our deeds in this world will be accountable in hereafter. This following verse explains the notion of accountability:
“And fear the Day you shall be brought back to God’ then shall every soul be paid what it earned, and none will be dealt with unjustly.” (2:281)
Thus, all acts that have been done here will accountable to god and his success in the hereafter depend on his performance in this life of earth.