Islamic Business Ethics
ISLAMIC BUSINESS ETHICS
by
Dr. Rafik Issa Beekun University of Nevada and Islamic Training Foundation
November 01, 1996
Copyright © 1996, International Institute of Islamic Thought PO Box 669, Herndon, VA 20170 (703) 471-1133 Please do not reproduce or translate in any manner without the written permission of the International Institute of Islamic Thought
Islamic Business Ethics
Table of Contents
DEFINING ETHICS FACTORS INFLUENCING ETHICAL BEHAVIOR IN ISLAM LEGAL INTERPRETATIONS ORGANIZATIONAL FACTORS INDIVIDUAL FACTORS THE ISLAMIC ETHICAL SYSTEM ALTERNATE ETHICS SYSTEMS Relativism Utilitarianism Universalism Rights Distributive Justice Eternal Law Islamic Ethical System AXIOMS OF ISLAMIC ETHICAL PHILOSOPHY Unity Equilibrium Free Will Responsibility Benevolence DEGREES OF LAWFUL AND UNLAWFUL BEHAVIOR IN ISLAM HALAL AND HARAM BUSINESS AREAS HALAL EARNINGS Work in Agriculture Work in Industry and Professional Areas HARAM EARNINGS DEVELOPING AN ETHICAL ORGANIZATIONAL CLIMATE AN ISLAMIC PERSPECTIVE OF THE SOCIAL RESPONSIBILITY OF ORGANIZATIONS ORGANIZATIONAL STAKEHOLDERS Relationship of the Firm to Its Employees Relationship of Employees to the Firm
Islamic Business Ethics
Relationship of the Firm to Other Stakeholders THE NATURAL ENVIRONMENT Treatment of Animals Environmental Pollution and Ownership Rights Environmental Pollution and Free Resources (air, water, etc.) THE GENERAL SOCIAL WELFARE ARGUMENTS FOR AND AGAINST SOCIAL RESPONSIBILITY ORGANIZATIONAL MODES OF SOCIAL RESPONSIVENESS MANAGING SOCIAL RESPONSIBILITY EXPLICIT ORGANIZATIONAL APPROACHES Developing a Code of Ethics Ethical Oversight Appointment of an Ethics Advocate Selection and Training Adjusting the Reward System IMPLICIT ORGANIZATIONAL APPROACHES PERFORMING A SOCIAL AUDIT GENERAL ETHICAL GUIDELINES FOR MUSLIMS IN BUSINESS PUNISHMENT AND REPENTANCE FOR UNETHICAL BEHAVIOR NO COERCION IN ETHICAL BEHAVIOR PUNISHMENT PHILOSOPHY IN ISLAM EXPERIENTIAL EXERCISES AND QUESTIONNAIRES
by
Dr. Rafik Issa Beekun University of Nevada and Islamic Training Foundation
November 01, 1996
Copyright © 1996, International Institute of Islamic Thought PO Box 669, Herndon, VA 20170 (703) 471-1133 Please do not reproduce or translate in any manner without the written permission of the International Institute of Islamic Thought
Islamic Business Ethics
Table of Contents
DEFINING ETHICS FACTORS INFLUENCING ETHICAL BEHAVIOR IN ISLAM LEGAL INTERPRETATIONS ORGANIZATIONAL FACTORS INDIVIDUAL FACTORS THE ISLAMIC ETHICAL SYSTEM ALTERNATE ETHICS SYSTEMS Relativism Utilitarianism Universalism Rights Distributive Justice Eternal Law Islamic Ethical System AXIOMS OF ISLAMIC ETHICAL PHILOSOPHY Unity Equilibrium Free Will Responsibility Benevolence DEGREES OF LAWFUL AND UNLAWFUL BEHAVIOR IN ISLAM HALAL AND HARAM BUSINESS AREAS HALAL EARNINGS Work in Agriculture Work in Industry and Professional Areas HARAM EARNINGS DEVELOPING AN ETHICAL ORGANIZATIONAL CLIMATE AN ISLAMIC PERSPECTIVE OF THE SOCIAL RESPONSIBILITY OF ORGANIZATIONS ORGANIZATIONAL STAKEHOLDERS Relationship of the Firm to Its Employees Relationship of Employees to the Firm
Islamic Business Ethics
Relationship of the Firm to Other Stakeholders THE NATURAL ENVIRONMENT Treatment of Animals Environmental Pollution and Ownership Rights Environmental Pollution and Free Resources (air, water, etc.) THE GENERAL SOCIAL WELFARE ARGUMENTS FOR AND AGAINST SOCIAL RESPONSIBILITY ORGANIZATIONAL MODES OF SOCIAL RESPONSIVENESS MANAGING SOCIAL RESPONSIBILITY EXPLICIT ORGANIZATIONAL APPROACHES Developing a Code of Ethics Ethical Oversight Appointment of an Ethics Advocate Selection and Training Adjusting the Reward System IMPLICIT ORGANIZATIONAL APPROACHES PERFORMING A SOCIAL AUDIT GENERAL ETHICAL GUIDELINES FOR MUSLIMS IN BUSINESS PUNISHMENT AND REPENTANCE FOR UNETHICAL BEHAVIOR NO COERCION IN ETHICAL BEHAVIOR PUNISHMENT PHILOSOPHY IN ISLAM EXPERIENTIAL EXERCISES AND QUESTIONNAIRES