Islamic Business Ethics

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.

This danger can be easily seen in the microeconomics approach to business ethics that dominates much of Western business's bottom-line thinking. Microeconomics emphasizes the rule of pareto optimality. This rule stresses the efficient ...