Based on the work in the field of positive Organizational Behaviour (POB), Psychological Capital (PsyCap) are all the positive factors that influences people's perception of happiness. Again, PsyCap is composed of four inter-related constructs. This has been supported by research over the last 20 years or so. These are:
Hope: Not simply the hope for a better future but hope creates a very strong will (willpower) and there is a clear idea of how to achieve that goal (way-power).
Optimism: Based on the work of Seligman, we know that optimism is how we deal with negative events. Specifically, we see such events as temporary and specific.
Resilience: This is the ability to bounce back.
Self-efficacy: This is the belief that we can do specific things (like drive a car or manage people). Self-efficacy often occurs because in the past, we have done something before or we have watched other people do something before.
From an Islamic perspective, my understanding is that a correct understanding of Islam precedes PsyCap. The Islamic belief system and the correct knowledge of Islam allows Muslims to be hopeful, optimistic, resilient and able to get things done. Specific skills (like goals setting, time management, ABCD,....) can help but the core has to be Islamic. That would mean that a correct Islamic core belief systems leads to PsyCap which in turn leads to happiness.
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