|Date:||March 18, 2016|
|Length:||2 / 452|
|No of views:||0|
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It makes specific judgments about what is right or wrong, which is to say, it makes claims about what ought to be done or what ought not to be done. Generally speaking, business ethics is concerned with the study of what is good and bad, right and wrong, and just and unjust in business.
Some specific principles of business ethics in Islam includes freedom of enterprise, earning of legitimate earnings, trade through mutual consent, truthfulness, fulfilling and honouring business obligations etc...
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The Qur’an, the Muslim scripture, is filled with parables using the language of trade. It was merchants, not soldiers, who were mainly responsible for the spread of Islam throughout the world.
During a business transaction, seeking profit is not a bad aim, but it should be secondary. What’s more important are honesty, truthfulness, and good behavior with customers...
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