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Islamic Business Ethics

Islamic Business Ethics

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Published by: farhan sultan on May 31, 2009
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Universitas Islam Indonesia
Faculty of Economics
SyllabusIslamic Business Ethics
Drs. Abdul Ghoffar, MBA
0813 2877 0510
Credit (SKS):
Introduction to Business
Consultation Times:
By appointment
Class Duration
Two and a half hours per week for 12 weeksOne to one and a half hours of the time is used for lecture or seminar and the remainder for tutorial or small group work activities.
Subject Overview
This subject examines the world of business from the point of view of ethics.Major issues in business realities are explored utilizing three main schools of thought, namely utilitarianism, deontology and Islam. Several topics arediscussed including corporate social responsibility, corporate interests, corporateethics, as well as human resources and ethics in marketing.
Subject Objectives
The Course is designed to achieve the following learning outcomes:1.Analyze the complex and dynamic environmental influences, whichimpact on business organization in society.2.Explain the abovementioned conceptual frameworks as they relate tocontemporary business practice and how they can be applied in order to diagnose critical issues.3.Conduct creative problem solving activities that demonstrate how toovercome ethical dilemmas in the business environment.
Materials and References
Text Books
1)Beauchamp, T.L., and Bowie, N.E., 1988, Ethical Theory and Business,3rd Ed., Prentice Hall, New Jersey2)Beekun, Rafik Issa, 1996, Islamic Business Ethics, International Instituteof Islamic Thought3)Hartman, L.P., 2002, Perspectives in Business Ethics, 2nd Edition,McGraw Hill, New York4)Patrick, J.A., and Quinn, J.F., 1997, Management Ethics: Integrity at Work,SAGE Publication, London
1)Personnel Review2)Journal of Managerial Psychology3)International Journal of Social Economics4)Academic of Management Review
One formal individual assignment will be given during the semester 
(the length isbetween 1000-1500 words)
. This assignment includes an individual presentationduring class time. The students are free to choose any topic that is relevant to themajor topics in the semester program outline.
There will be one mid semester and one end of semester exam. Both exams willbe open book. Both exams will require you to answer four short answer questions(4-6 paragraphs each) from a range of questions. The exams are 80 minutes induration.
Class Participation
Small group discussions will be conducted at each meeting. Discussions willinclude real cases where ethical dilemmas are presented. Students must analyzeeach case using three different ethical perspectives. Students must choose their ethical position and explain their reasons for choosing one ethical perspective asopposed to another.
End of Semester Result:
The final grade will be based on the mid-test, final test and assignments. Thepercentage distribution will be allocated as follows:
Final Test40%Mid Test 30%Assignment 30%Policy on Assessment
Essays and assignment will not be accepted after the due date unlessarrangements for an extension of time have been made prior to the due date. If you do not agree with the result that you are awarded for any piece of assessedmaterial for this subject, please contact the lecturer immediately. You have a rightto know the reason why your work has received a certain grade and to request areassessment if you believe your work has been unfairly assessed.

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