An islamic perspective 109 sake of the worldly gain, obeying wife other than mother, approaching friend and distancing father, making noise in mosques, when the sinner ones rule people and the leader is the lowest one, when a man is honored due to his mischief, when singer women and music is common. An islamic perspective on business and work ethics. Then, an argument on why islam can provide the best understanding of ethics will be made. Ethics may be defined as a set of principles of right conduct or a theory or system of moral values. Fundamental islamic perspective of work ethics emerald. Business ethics from an islamic perspective the islamic. Understanding islamic ethics and its significance on the. Perspectives of a muslim business leader tanri abeng a6stract. The scope of islamic ethics is numerous, far reaching and comprehensive because islamic ethics deals with the relationship between man and. However, there are factors that affect managers unethical behavior. The purpose of this paper is to examine and discuss business ethics from an islamic perspective. Current study explore the job related variables an their connection with islamic work ethics.
So there is a need for people to study and get implement this ethic in our present business situation. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. The challenge of islamic business ethics is to make that inevitable ethical decision. An analysis of some salient points in the prophetic tradition assoc. Adding the adjective islamic to business ethics might surprise some.
Business ethics this document was created with prince, a. An analysis of some salient points in the prophetic tradition. If you regularly visit this site and wish to show your appreciation, or if you wish to see further development of, please donate online. Pdf download ethical theories in islam free unquote books. Ethics and link it with the managerial traits in the very right perspective of an organization, running beneath the banner of comprehensive islamic code of conduct. The paper is an attempt to explicate and nuance the islamic perspective of environmental ethics which is divinely guided and recognized in essence. The concept of business ethics in islamic perspective. As global business operations expand, managers need more knowledge of foreign cultures, in particular, information on the ethics of doing business across borders. The concept of business ethics in islam can make a conscious entrepreneur. Its primary sources of laws shariah are the quran and sunnah.
Principles and perspectives mohd yaseen gada department of islamic studies, aligarh muslim university, aligarh up 202002, india abstract. Not infrequently, aggressive therapy is sought by the patient or hisher family, to prolong the life of the patient at all costs. Therefore, this paper addresses the gap in the management literature and suggests a group of dimensions from fundamentals of islam. The relation between ethics and marketing get a point of attention in recent business world and the researchers continuously try to identify basic set of ethical standards that are to. However, the evidencei that human activity is largely. Accordingly, islamic ethics or ilm alakhlaq is a science which deals with the ways to maintain virtues at their optimum level, i. The role of the business leader is key to develop the culture of an enterprise. The importance of ethics and values in islamic civilization. The islamic perspective incorporates moral and transcendental elements within the production decisionmaking process in product development and is guided by the principles of islamic business ethics. It prescribes certain specific guidelines for governing business ethics.
This site is like a library, use search box in the widget to get ebook that you want. Islam is the only major world religion founded by a businessman, although, in a. Business ethics from an islamic perspective youtube. However, the islamic ethical system substantially differs from the socalled secular ethical systems as well as from the moral code advocated by other religions and societies. In this paper, i have tried to address some aspects of environmental ethics from an islamic perspective. In the advanced world, the westerncontemporary school of thought presents different ideas to cover. In an era when there is an increased and renewed emphasis on teaching and learning business ethics, the highly pertinent question being raised is the role of faith and religious beliefs on business practices. Jul 08, 2015 business ethics in islamic perspective. The point of this paper was moralsthe islamic perspective is to present the moral strategy for directors from an islamic viewpoint.
Saying of prophet the quran deals with bribery indirectly in the following verse chapter 2. Comparing and contrasting islamic business principles with the. Shukri ahmad associate professor, centre for general studies college of arts and sciences university utara malaysia dr. Available formats pdf please select a format to send. Ethics and ethical theories from an islamic perspective. If you continue browsing the site, you agree to the use of cookies on this website. Jan 23, 2015 the role of the business leader is key to develop the culture of an enterprise. The effect of islamic work ethics on organizational commitment. An islamic prospective muhammad shakil ahmad abstract islamic principles completely cover all aspects of life including working in an organization.
Pdf on jan 1, 2001, jamal a badawi and others published islamic. The advantages of islamic work ethics munirah asmalina the original theory of ethics is derived from the theory of noble character. To exemplify its importance in the national and global context, the muslim author from indonesia points with admiration to konosuke matsushita, founder of matsushita electric corporation, who already in the 1930s set up the seven ethical principles for healthy business growth, which also are commended by the. Islamic business ethics you are the best of peoples, evolved for mankind, enjoining what is right, forbidding what is wrong, and believing in allah. The site and the dilp are entirely supported by individual donors and well wishers. The challenge of islamic business ethics is to make that inevitable ethical. We saw that great emphasis is put in the quran on nature and natural phenomena as divine signs indicating the knowledge, the wisdom and the power of god. Bilal went to the messenger of allah peace be upon him and told him the story. Perspectives of a muslim business leader volume 7 issue 3 tanri abeng. Idris 4 consequences theories consequence theories, utilitarian theory and egoism theory, look at the consequences of any action to. Islamic ethics and the implications for business springerlink. In order to establish an inclusive understanding of ethics in the islamic perspective, it is indispensable to begin with its conceptual and. Islamic perception of business ethics and the impact of. The islamic perspective according to the islamic perspective, bribery is strongly discouraged.
Current study explores the literature relevant to islamic work ethics. Entrepreneurs who fear will always be steadfast in order to realize entrepreneurial comprehensively and according to islamic law. Business ethics wayne norman business ethics is a concise, but in many ways misleading, label for an interdisciplinary field covering a vast range of normative issues in the world of commerce. A muslims perspective 3 argues that the term euthanasia has no generally accepted and philosophically warranted core of meaning. Introduction of islamic ethics and their implications for business will present useful insights into islamic values that muslim business people may hold depending on their devoutness to islam. But one has to realize that islam is more than just a religion in the spiritual sense of the word. The late fazlur rahman, noted university of chicago scholar of islamic thought and modernist muslim thinker, argued that in its initial phase islam was moved by a deep rational and moral concern for reforming society, and that this moral intentionality was conceived in ways that encouraged a deep commitment to reasoning and rational discourse. Islam and business ethics download ebook pdf, epub. First of all, the second largest religion in the world which beliefs in the oneness of god is islam. Even the secular aspects of life are greatly influenced by spiritual values.
This chapter focuses mainly on widely accepted principles and norms relating to business ethics as stipulated in the two primary sources of islam. This paper debates the islamic perspective on the work ethics employed in an organization. It means that allah almighty has given direction to the servants to do his business. Musa yusuf owoyemi visiting senior lecturer, centre for general studies college of arts and sciences.
Business ethics in islamic perspective islamic business law. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Islamic work ethics is a concept of ethics that is based on islamic teaching and principle which rely on faith. Through business islamic ethic, we can see that the ethical is multidimensional and comprehensive. It is important to know some reasons to understand business ethics in islamic perspective. A series of searches were conducted of medline databases published in english between january 2000 and january 2015 with the following keywords. The central themes in islamic finance that prohibits leverage and riba, and promotes assetbacked transactions are now increasingly being universally accepted. Islam and the environment ethics and practice an assessment fazlun khalid preamble very few people should now be left unconvinced of the threats that face planet earth especially after the massive media coverage surrounding the failure of the climate summit in copenhagen in december 2009. Download free ethical theories in islam book in pdf and epub free download. The conceptual framework of islamic work ethic iwe 59 the islamic value system islam is a complete and comprehensive way of life that preaches to its followers to be subservient to allah swt in all aspects of worldly affairs. Hashi department of biotechnology, kulliyyah of science, international islamic university malaysia iium abstract islamic ethics is the ethical system formed by the teachings of the qur. This paper was discuss about the ethics concept from the islamic perspective, so it should be construct an axiom system that faithfully reflects the islamic view of ethics. An introductory study of small and medium enterprises smes mohd zulkifli muhammad, faculty of entrepreneurship and business, universiti malaysia kelantan, p.
A model based theoretical study golam mohiuddin1, shariful haque2 1faculty of management and human resource development,university technology malaysia, johor, malaysia 2dept. Islamic ethics in businessislam has its own distinctive valuebased ethical system for business dealings. Extract from preface of islam and business ethics by dr s m hasanuzzaman, published by the institute of islamic banking and insurance, london, uk 2003 there is nothing to discover with regard to business ethics in islam. Allow me to bring to your attention two key islamic principles, among many others, that shaped muslim businessmen in the past and will be of great help in this challenging era. Study also explains how sme could adapt the islamic business ethics system in their daytoday. She traces the development of araboislamic ethics from the early islamic theological and political debates between the kharijites and the murjiites, shedding new light on the moral theory of abd. Idris 4 consequences theories consequence theories, utilitarian theory and egoism theory, look at the consequences of any action to determine whether an act is right or wrong. An islamic perspective on business and work ethics article pdf available in social responsibility journal 412. Please list out three principles of islamic ethics. Most studies on business ethics in general and the work ethic in particular have been based on the experiences of western nations, with a.
Click download or read online button to get islam and business ethics book now. Jan 21, 2016 many muslim patients and families are often reluctant to accept fatal diagnoses and prognoses. The label lends itself most directly to a core set of questions about how individuals. Do religious beliefs help produce more ethical organizations and consumers. This document was created with prince, a great way of getting web content onto paper. Feb 15, 2009 business ethics from an islamic perspective 5 modules. Comparing and contrasting islamic business principles with the secular world of contemporary business practices will disclose reasons for potential. Toward this purpose, this paper will compare and contrast between islamic and western perspectives of ethics, and highlight the main weaknesses and limitations of the former.
May 14, 20 presented the lessons learned from a model for themuslim youth in the story of joseph a 2partpresentation volunteerism. An outline of its principles and scope abdurezak a. Islamic perspective, ethics, islamic work ethics, moral and akhlaq. The onus is not only on bribe, but also on the corporation or business that offers the bribe. They do business in a way wrong unethical to provided good returns. Islam, commerce, and business ethics imadaddean ahmad minaret of freedom institute plenary address at the loyola institute for ethics and spirituality in business international ecumenical conference june 1012, 2004 introduction islam is the only major world religion founded by a businessman, although, in a sense. Alongside these islamic ethics also emphasizes on no reward without risk al ghormi bil ghonm and profit comes with responsibility al kharaj bil dhaman. Box 36, jalan pengkalan chepa, 16100 kota bharu, kelantan, malaysia, and email address. Islam also has its own distinctive valuebased ethical system for business dealings. The effect of islamic work ethics on the performance of. Meanwhile, organizational commitment is related to employees attachment and behaviour towards organization. Three approaches to ethical business dilemmas, uniqueness of the islamic code of ethics, factors influencing ethical behavior, the islamic. A classic manual of islamic sacred law by ibn naqib.
Islamic perception of business ethics and the impact of secular thoughts on islamic business ethics muhammad hashim lecturer government college of management science, peshawar, kpkpakistan abstract the purpose of this paper is to exhibit the business ethics perception in islam and to unveil the. Aristotle says that it is a human need to practice the noble personality theory in order to facilitate the daily affairs. The islamic perspective society has initiated its basic norms in the principles of justice, equity and also creates values for means of living. These principles and norms, however, do not exist in vacuum, apart from the islamic worldview and the role of ethics in such worldview. Understanding the moderating role of islamic work ethics. The first is sometimes called the narrow construal of euthanasia, by which euthanasia is equivalent to mercy killing.
It aims to discuss the issues of assumptions involving the islamic work ethic iwe. Ethics and ethical theories from islamic perspective alhasan alaidros, faridahwati mohd. To exemplify its importance in the national and glob al context, the muslim author from indonesia points with admiration to. Business from islamic perspective islam refers to business as a sine qua non of human life.
It is such an essential factor that before the prophet mohammads mission inception, god guided him to become a successful. If not, what islamic ethics can offer us pertaining to business. The precious jewels the magnetic character how can we win hearts the art of presenting you islamic culture 50 tips in boosting confidence and overcomingshyness. The ethical system in islam implications for business practices. Rafik issa beekun, islamic business ethics herndon. Religious perspectives on business ethics markkula center. Siti khumaiyah 11220006 business is one of the way to meet human needs. In the islamic scheme of things, adherence to moral code and ethical behaviour is a part of iman faith itself.
415 1192 726 281 894 891 568 1498 715 1180 365 987 183 1427 199 1642 303 1327 445 615 1288 241 991 1443 955 153 1666 961 1147 245 986 1386 948 956 1442 1143 631 768