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Business Ethics in Islam by Hussain Mohi-ud-Din Qadri Pdf
Islamic Business Finance is based on strong ethical regulations as suggested by Islamic Literature, such as the Quran and the Traditions of the Prophet of Islam, and could be considered as a subclass of the wider subject of ethical standards in business. This book highlights the basic principles of Islamic Business ethics and their implication in today’s global business environment. It highlights the most important features of Islamic banking and finance in relation to the core principles of Shariah law. It is the most comprehensive book to date, in terms of the number of Quranic verses and traditions of the Prophet relating to this subject, which are interspersed throughout the text. It explains how ethics are defined both in general terms and within the context of an Islamic perspective. In addition, it provides a logical interpretation of Islamic principles of business ethics, while keeping in view thethrough the use of contemporary business practices. Topics such as digital currencies, money laundering, etc. are discussed at length. This book also discusses the new and emerging ethical issues faced by business and industry globally. This book will be a valuable reference guide for students, teachers and researchers of Islamic banking and finance.
Encyclopaedia of Islamic Economy: Business and trade in islam by Muhammad Moinuddin Khan,M. H. Syed Pdf
On the one hand, hard work is vitalizing and keeps the body active and ready to work; on the other hand, it promotes a healthy life. During the time of the Prophet (Pbuh), people would go from city to city in groups (called carvans) to trade. This involved travel to far-off places where people sold their commodities and brought back the products available there. There are advantages of trading which are particularly significant. Such exchange of goods results in an exchange of cultural values as well and increases knowledge of the world. Prophet Muhammad (Pbuh) himself led many expeditions and earned money as well as reputation and respect. Islam prohibits business based on gambling. Likewise, selling products which are prohibited by Islam for consumption, must not be traded. Accordingly, sale of pork and the meat of dead animals are prohibited. Islam places strong emphasis on cleanliness and fairness in life, be it in transactions, commitments, agreements or in food, drinks, clothings, etc. Islam condemns unfair, flawed or tainted practices in businesses and enterprises. This particular work carefully examines and emphasizes each and every aspect of business and trade as per Islamic injunctions
Author : Abbas J. Ali Publisher : Edward Elgar Publishing Page : 256 pages File Size : 54,7 Mb Release : 2014-09-26 Category : Business & Economics ISBN : 9781781006733
The book is the most original and comprehensive treatment of business ethics in Islam. It explores the thinking of early Islamic scholars on ethics, whilst encompassing the modern developments in the field. It is aimed at fostering discourse on busines
Keep up with management issues in the rapidly changing Islamic business world! Islam and Business: Cross-Cultural and Cross-National Perspectives reviews important changes, cross-cultural differences, and management issues in the turbulent Islamic business environment. With the shift from government ownership of companies and commodities toward more open markets and the product/service diversification that this change brings, the need to understand how business is done in these countries is more vital than ever before. The research in this book will help you understand the impact of Westernization upon business practices in Islamic nations. With contributions from experts on four Islamic business environments (Turkey, Jordan, Egypt, and Lebanon), this book: provides a framework to guide corporations in policy and strategic planning examines the impact of Western reforms on selected Islamic business sectors discusses the training, leadership, and management development needs of companies doing business in or with Islamic nations Section 1: Business in Turkey presents: a framework for corporate policy making and for strategic planning activities an assessment of what can cause strategic alliances to succeed or to fail—illustrated by a case study of the relationship between Turkish Airlines and the Qualiflyer Group—this study considers the question in terms of goals, partner selection, alliance management, and areas of cooperation an examination of value-at-risk (VaR) models that can be used to compute market risk for financial institutions—with a study of crisis scenarios as applied to the four largest Turkish banks Section 2: Business in Jordan presents: a study of the impact Westernization has had on the efficiency of Jordanian commercial banks an examination of current practices and procedures for management training and development (MTD) needs in public and private organizations in Jordan—and suggestions for future improvements an exploratory study of how national and regional socio-cultural values affect organizational culture—considering such factors as Power Distance (PD), Uncertainty Avoidance (UA), the Individualism-Collectivism (IDV) dimension, and the Masculinity-Femininity (MAS) dimension, as well as power culture, role orientation, achievement culture, and the support-oriented organization Section 3: Business in Egypt and Lebanon presents: a comprehensive model of relationships between transactional and transformational leadership trust in terms of organizations, organizational justice, intention to leave, and organizational citizenship behavior—using data supplied by 179 middle and direct level managers in 17 private Egyptian organizations an analysis of the factors affecting the advancement of the Lebanese tourism industry, which has suffered tremendously in the wake of civil war and political unrest The information in Islam and Business will be helpful to anyone practicing management or studying how management works in the Islamic world. Make it a part of your professional/teaching collection today!
Understanding the Relationship Between Religion and Entrepreneurship by Tamzini, Khaled,Salem, Anis Ben Pdf
In recent years, a number of scholars trained in the area of economics have begun to pay attention to a fascinating and increasingly important question: Does the interrelationship between religion and enterprise shape entrepreneurial decision making? Though religious groups can provide additional means for the generation of social capital, especially where ethnicity is strongly associated with specific religious adherence, it has been largely absent in economic discussions. Understanding the Relationship Between Religion and Entrepreneurship is a collection of innovative research on the methods and applications of religious theology on entrepreneurial decision making. While highlighting topics including women in business, religious marketing, and consumer behavior, this book is ideally designed for entrepreneurs, theologists, business managers, policymakers, researchers, industry professionals, academician, and students seeking current research on the economic impacts of religious beliefs and practices.
Islam & Business by Mohamed Affandi bin Nik Yusoff (Nik.) Pdf
Islam offers alternative business practices and perspectives, many of which are universal in nature and quite similiar to conventional ones. However, there are some which are different and unique: for example, the principle of partnership and sharing of both profit and loss in Islamic lending. Islam requires a proper balance between commercialism and humanitarianism, and between profit and social responsibility. This balanced approach offers a ready solution to serious current problems of profiteering, consumer exploitation, irresponsible corporate governance, and environmental degradation, Islamic business practices maximize all the positive aspects of business: examples include honest business conduct, reasonable profit, fair competition, and high standard of service culture. Islamic business practices ensure a proper balance between monetary and spirtual profit. It also strengthens economic justice and enhances business harmony.
Author : Mushtaq Ahmad Publisher : International Institute of Islamic Thought (IIIT) Page : 12 pages File Size : 53,5 Mb Release : 2009 Category : Business ISBN : 8210379456XXX
The present work attempts to answer the question: what characterizes a Muslim? the author answers by saying that the Qur'an lays down a set of principles to provide guidance for the conduct of a Muslim businessman. this guidance consists not merely of "laws," but also of ethical norms. thus, a Muslim is urged not only to give others their due; rather to give even more than what one legally owes them so as to fulfill the requirements of benevolence and magnamity. Likewise, he is expected not only to shun all that is prohibited, but also to abstain from actions about which his conscience does not feel fully at rest. The author emphatically argues that the Islamic worldview, with is emphasis on hereafter, fosters an outlook which significantly differs from that prevalent in the present times. Moreover, it is God's will as revealed to the prophets rather than the frail reason of human beings to which one ought to primarily turn for guidance. In sum, the business ethics of Islam have a distinct entity both in terms of its underlying spirit and its content.
Author : Rafik Issa Beekun Publisher : International Institute of Islamic Thought (IIIT) Page : 97 pages File Size : 53,5 Mb Release : 1997 Category : Business ethics ISBN : 9781565642423
This book addresses Muslim business community members who have to deal with ethical situations on a day-to-day basis. It gives key principles of management from an Islamic point of view. Its goal is to help Muslims engaged in business to act in accordance with the Islamic system of ethics. The writer’s experience with different Islamic activities give him a practical background that supports and enlightens his academic knowledge in the vital fields of business management and administration.
Business Practice Before Islam in Arabia by Irfan Shahid Pdf
Business Practice before the advent of Islam is a comprehensive book which provides detail accounts of the trading customs of the Arab. Arab countries are mostly situated in the desert region. A limited area of land was fertile for agriculture and farming. Majority population were engaged in the business. Trade caravan would travel south to north through the Arabian Peninsula. Before Islam, numerous trade methods were prevalent in Arabia, which was part of their culture. These methods were dubious and based on cheating and fraud. Most of the time, fraudulent trade practice were found the bone of contention among various Arab tribes which continued generation after generation. A brief history of trade and business practice of Islam is included in this book. Various Bazar (Local Markets) organised in the Arabian Peninsula is discussed in detail. The Islamic principle of trade, source of Islamic commercial law, business ethics, several business contracts used in Islamic finance and the latest theory of international trade are also discussed in the book.
We are pleased to offer this fifth title in our APTS Press Monograph Series. This is the publication of the author’s doctoral dissertation done through the Concordia Theological Seminary in Fort Wayne, Indiana, USA. The purpose of this series is to give our readers broader access to good scholarship that would otherwise be unavailable outside of the academic community. This is part of our ongoing commitment to discipleship through publishing. Christian mission organizations have enthusiastically embraced “business” as a means of entry for Christian workers who might not otherwise be able to get into these nations, especially MMNs. However, the embracing of business raises some immediate concerns. In light of existing tensions between business and Islam, won’t missions-connected businesses be under the same cloud of conflict? More importantly, isn’t the Gospel put under this cloud, thereby negatively impacting the spread of the kingdom of God? Also, if the business-and-mission companies’ expatriate owners and employees are western (especially American) won’t the conflicts inevitably intensify? And if so, are there ways such entities can be operated in order to minimize the conflict with Islamic sensitivities? This book will address these and other related questions.
Major Players in the Muslim Business World by Elnur Salihovic Pdf
Major Players in the Muslim Business World is a comprehensive guide for businessmen, researchers, and students who aim to learn more about the contemporary Muslim business world. Included are facts about the leading countries, companies and business persons in this world, as well as a brief introduction of Islamic principles related to business. Current information about opportunities and leaders in relatively new industries, such as Islamic Finance, Halal and Takaful sectors is also presented. Instead of the partial overview usually provided in competing guides, Major Players in the Muslim Business World offers a complete analysis of the most important topics, including the largest Muslim economies today, Muslim countries with the higest GDP per capita, Muslim companies on the Forbes Global 2000 list and Fortune's Global 500 Companies list, and the Muslim world in contemporary geopolitics.
Islamic Law of Business Organization Partnerships by Imran Ahsan Khan Nyazee Pdf
The author attempts to spell out the Islamic principles on which business enterprise should be based specially in the area of partnership. He displays a strikingly acute awareness of Islamic laws on the subject, matched by an equally striking awareness of the forms of business organization in vogue in the contemporary world. The work represents a serious scholarly effort to sort out complicated questions such as those mentioned above, to enunciate Islamic principles relative to business enterprise, and to apply them in the changed context of present-day business.
Islamic Entrepreneurship by Rasem N. Kayed,M. Kabir Hassan Pdf
This book discusses the idea that there is a specific Islamic form of entrepreneurship. Based on extensive original research amongst small and medium sized enterprises in Saudi Arabia, it shows how businesses are started and how they grow in the context of an Islamic economy and society. It argues that as specific Islamic approaches to a wide range of economic activities are being formulated and implemented, there is indeed a particular Islamic approach to entrepreneurship. Examining the relationship between Islamic values and entrepreneurial activity, the book considers whether such values can be more effectively used in order to raise the profile of Islamic entrepreneurship, and also to promote alternatives to development in the contemporary business environment. The book analyses the nature of entrepreneurship, and the special qualities of Islamic entrepreneurship, and discusses how the Islamic approach to entrepreneurship can be encouraged and developed further still
A study of the application of Islamic law principles to the creation and distribution of wealth. The author discusses the conduct of business in accordance with Islamic principles and examines business practices that offend these principles.
