Family Business is the one of most popular kinds of business in this era. It is a major topic of discussion, study and research now days. That's why it is necessary and important that we review it in the worldwide and Pakistani context. We have to analyze its issues and problems. Because it is very clear that this kind of business is very beneficial for the beloved country. Estimates show that about 85 percent of businesses in the European Union and 90 percent of US businesses are family controlled.
Worldwide family businesses account for approximately 75 percent of the top 100 companies. However, it is worth mentioning that Family Businesses usually fail to reach some stage and does not run for a long time. Therefore, it is important to review the reasons for continuing this useful business by reviewing these reasons which lead to failure. In this article, such an initial effort has been made to review the factors that take Family Business to the path of failure.
There are two parts of the article: In the beginning, the basics of Family Business have been mentioned, and after that, a selection of important issues and solutions has been presented. Some of the mentioned issues are related to management, while others are related to Sharia guidance. Hopefully, this writing experience will cover the most important aspects of the topic.
Imam Abu Hanifa is one of the blessed personalities among muslim ulamas and scholars. He was foremost and the only Tabiee among four greatest scholars of Islam. He had written many great books in his time but unfortunately, most of them are unavailable in present age except fews. The major reason for this unavailability was that his pupils paid whole attention towards spreading his knowledge and wisdom around the world which caused a little negligence towards his publications. However some of his books reachedour hands safe and secure.
This article comprises on a very rare booklet of Imam Abu Hanifa known as “ Al-Qaseedat-un-Nomania” or “ Al-Qaseedat-ul-Kafiyah” or “ Qaseedatu Madh-e-Rasool”. This booklet, actually, is a compilation of verses written or read by Imam Abu Hanifa.
These beautiful lines of poetry are in the na'at or madah and praise of Holy Prophetﷺ with the deep love of the Holy Prophetﷺ. This booklet is present in almost all the larger libraries of the world. We mentioned more then 10 referances in this connection. Also we translated and described the verses referring the origination of the ahadees and events referred in the Qaseedah with complete details. We added and corrected someof aeraabs (اعراب) n the qaseedah which seems inaccurate in the Manuscript or Makhtota.In this way this Makhtota has become more authentic.