Business Ethics in Islam

Drawing on original sources found in the first century of Islam and guided by contemporary developments in the field of business ethics, this book offers Islamic perspectives on ethical conduct in the marketplace: what organizations and other market actors do to deal with monumental challenges in today s market. The book outlines a framework for business ethics and offers a theory for understanding market ethics. Throughout the book, subjects covered underscore the necessity of ethical conduct and shed light on the interplay of several forces that shape ethical perspectives and morality in the workplace. The book creatively addresses the history and theory of ethics in the marketplace. It also discusses Islamic ethical perspectives in the context of Judaism and Christianity. Likewise, it outlines what companies working in the Muslim environment have to undertake to sustain their competitive advantage. The book, therefore, is of interest to business managers, researchers, policymakers, and students of organization and religion. Contents: 1. The Meaning and Scope of Business Ethics in Islam 2. Sources of Ethical Problems in Business 3. Islamic Ethics and Free Market Economy 4. Ethics and Profit Making 5. Leadership 6. The Ethics of Banking and Financial Services 7. Organization and Work 8. Marketing Ethics and Consumerism 9. Ethics and Human Resource Management in Modern Organizations 10. Social Responsibility and Sustainability Bibliography Index