THE CONCEPT OF RISK MANAGEMENT IN SURAH AL-KAHFI 65-82 AND SURAH YUSUF VERSE 43

Abstract

In managing an organization or company, good governance or managerial management is required. Basic management knowledge needs to be understood and applied well by managers so that it will be very helpful in carrying out their duties in an effort to achieve organizational goals. In every business or organizational journey, in making decisions, without realizing it or not, a risk always arises. In Islamic literature, the principles of risk management are found in the rules of fiqh when responding to legal obligations. This research uses a qualitative method using the library method. In verse al-Kahfi 65-82 four stages of risk management are stipulated, namely: risk identification, risk measurement, risk monitoring and application of risk limits. No one in this world knows for sure what will happen in the future, even in the next second. There is always an element of uncertainty that creates risk. This is where the art of managing risk is needed.