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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.
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
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.
Compelling and original, this book offers a unique insight into the modern Islamic corporation, revealing how power, relationships, individual identities, gender roles, and practices - and often massive financial resources - are mobilized on behalf of Islam. Focusing on Muslims in Malaysia, Patricia Sloane-White argues that sharia principles in the region's Islamic economy produce a version of Islam that is increasingly conservative, financially and fiscally powerful, and committed to social control over Muslim and non-Muslim public and private lives. Packed with fascinating details, the book is essential reading for anyone with an interest in Islamic politics and culture in modern life.
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.
Since its first publication in 1960, this famous work by Yusuf al-Qaradawi has enjoyed a huge readership in the Muslim world, and has been translated into many languages. It dispels the ambiguities surrounding the Sharī‘ah to fulfil the essential needs of the Muslims in this age. It clarifies the ḥalāl (lawful) and why it is ḥalāl, and the ḥarām (prohibited) and why it is ḥarām, referring to the Qur’an and the Sunnah of the Prophet. It answers questions which may face the Muslims today, and refutes the ambiguities and lies about Islam. Dr al-Qaradawi delves into the authentic references in Islamic jurisprudence, extracting judgements of interest to contemporary Muslims in the areas of worship, business dealings, family life, food and drink, dress and ornaments, patterns of behaviour, individual and group relations, family and social ethics, habits and social customs.
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
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.
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.
Learn about the history and traditions of the Islamic faith in The Islam Book. Part of the fascinating Big Ideas series, this book tackles tricky topics and themes in a simple and easy to follow format. Learn about Islam in this overview guide to the subject, brilliant for novices looking to find out more and experts wishing to refresh their knowledge alike! The Islam Book brings a fresh and vibrant take on the topic through eye-catching graphics and diagrams to immerse yourself in. This captivating book will broaden your understanding of Islam, with: - Images of Islamic art, architecture, calligraphy, and historical artifacts - Packed with facts, charts, timelines and graphs to help explain core concepts - A visual approach to big subjects with striking illustrations and graphics throughout - Straightforward text makes topics accessible for people at any level of understanding The Islam Book is a comprehensive guide essential to understanding the world's fastest-growing religion - aimed at self-educators after a trustworthy account and religious studies students wanting to gain an overview. Here you'll find clear factual writing offering insight into terms like Sharia law, the Caliphate, and jihad; Sunni and Shia divisions; and Sufi poetry and music. Your Islam Questions, Simply Explained This essential guide to Islam covers every aspect of the Muslim faith and its history - from the life of the Prophet Muhammad and the teachings of the Koran to Islam in the 21st century. If you thought it was difficult to learn about one of the world's major religions, The Islam Book presents key information in an easy to follow layout. Find out about modern issues such as fundamentalism, the work of peaceful traditionalists, modernizers, and women's rights campaigners, as well as the central tenets of Islam, such as prayer, fasting, and pilgrimage. The Big Ideas Series With millions of copies sold worldwide, The Islam Book is part of the award-winning Big Ideas series from DK. The series uses striking graphics along with engaging writing, making big topics easy to understand.