Thursday, 15 November 2012

New Financial Year

Ma’al Hijrah’ signifies the emigration of Prophet Muhammad and his followers from Mecca to Medina in 622CE/AD. The remembrance of this significant historic event serves as a reminder for Muslims to better themselves in all aspects of their lives, leaving and moving from the bad to good, and from the better to the best, all in the name of Allah.

The significant of "Hijrah" is to "starting fresh" and marks the beginning of new checkbook; we put last year's accounts to rest. But, what about our own balance sheets? When was the last time we assessed our minuses and pluses, our strengths and our weaknesses, our good deeds and selfish deeds? How many years' worth of grudges and bitterness and pain have we left unchecked?

As professional accountant and a person who have received a conventional accounting education and I have been brought-up on the idea of accounting as an ‘objective’, technical and value-free discipline, the idea to applied to daily life is quite interesting.

A good businessman always checks his balance sheet: how much he spent, how much he earned. And they assess themselves accordingly: "Am I a good businessman?" In the same way we must assess the balance sheets of our lives. Look at the last year. Where do we stand? How many people did we hurt? How many did we heal? How many times did we lose our temper? How many times did we give more than we received? 

Likewise, just like we make it a point every year to file our worldly taxes, it is worth taking the time on a regular basis to file our 'heavenly' taxes and review our deeds and actions of our lives. Whether we do it on a monthly, weekly, or daily basis is up to our convenience; however, doing so daily is a much easier task than doing it occasionally.

The idea of self-accounting is highly recommended in Islam, and there are numerous narrations which urge us to observe this disciplinary practice. We are encouraged to call ourselves to account before we are called to it and to weigh our deeds before a day when they shall be weighed for us.

The purpose of this exercise of scrutiny and self-auditing is to discover one's faults and sins, thus leading to repentance and struggle to correcting one's faults and purifying one's self. So, let us start afresh, with a new book, unadulterated by old grudges and bitterness.


Salam Maal Hijrah 1434H to all Muslims all over the world :)

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