DEVELOPING THE ISLAMIC BUSINESS ETHICS: AN ANALYSIS OF SURAH AL-JUMU‘AH

Abstract

Abstract

The religiously driven business ethics play a significant role in shaping business conduct and priorities. The practice of Islamic rulings in business activities requires a change from the conventional framework to the Islamic framework system. This paper is conceptual and qualitative in nature. It relies on original sources of Islam and treatises written by Muslim scholars and experts.  Previous studies found that there are connections between ethics and achievement of the business. In Islam, business ethics were clarified in Al-Qur’an and Al-Hadis as an impression of Islamic believes (iman). This study portrays the fundamental development of Islamic business morals taken from Surah Al-Jumu‘ah verse 9-11. This study concluded that every activity conducted by individuals or organizations is tied to the super-ordinate goals and must be conducted in accordance to the Islamic ethical standards as prescribed in the Qur’an and Hadis.

Keywords:  Business ethics, Islamic business ethics, Akhl?q, Islamic Rulings, Islamic economic