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Islamic Buisness Ethics Axioms of Islamic Ethical Philosophy (Page 20 -29) ar ‘sue Bornes Bs + Gecisions that benefit. the. majority ore.minerity are not -necesselly thie in themselves ot amumbers game: + Islam uses an open systers appioach to ethics, not welazed,stifcriented system. gost has a place in slr + Etbloat decisions oe tnead ona simultaneous reading of th Que'sn dd the natural universe * Wolke the sihical systems advocated by.rnany ether religions, Islam ‘ecourages humankind to expericacd seakiyok}heaugh astive partcipe- tion in thir lift. By behaving ethical7TH'Tha midst of the test ofthis suny, Mustims peove thelr Werth Io Alla, Fr contrast to all the approaches sursmarized in Table 1, the Islamic chic system ig nsither ragreanted noe unidimensional. 1 ig putt of the Islamic view of life and therefore complete, Thee [sinteral consistency, oe “oF equiva, within an lndiviua’s cade of conduc This andae of equilibrium it the henrt ofthe following Quranic aya. Thas Have We made f you a umiich jay balance chat yon ‘might be wirneser over the mations and the Aptle @ wits wer yourselves ‘To further develop the Islami ethical sysiem, we need to investigate \rbat axioms guide the ethical philosophy of Islan. These have keen ‘mpl refered to 50 far but are dlscussed in deta! in te next zee, Asioons of Ilamte Ethical phitarophy Five Wey sjoms™ gover Islamic ethics: unity, euiiteiur, free will, responsibility, and benevolence, ay are summarized in Table 2 Unity Unity, ns reflected inthe concept of rawbi,is the vertical dimension of slam. It combines ingo « homogeneous whole all the diffrent aspocls of « "Misti if: ecgnotsc, political, religious, and social, and stresses the dea F gorse. "Nek 5, (181), p 457 lvoe te fa fw ania iG hia work of. Sher muggss tt soe of fa laces sn ely epre b lo judd ‘ut nd hat eo be an ina sea pnt tana sorter, of sarc Hee ier pf enasisteney and order thraughont. "The aioe of ani ‘om the Mest: ths tating efleee, 1. Shee Mt tt pon exeing he hl ld flog te Ah thie Laro Wh i ee loge cen Seiiet Hamel restcid 1 any specific sphere o¢ group. Any theusin ot sels ene Syten oincansisient wit his iain Detaitow Rete tothe cancer of sow)id. The political, econo, ‘cla an regions especs wf mts ie for a home ‘cous wool, which i couse hom within, 4 yl wy (etegraied wih the vist usivize sviihon Tt “se erie dinesion of lle Nel athe ecept of “a A tence of tone ara ‘he varia especie oa man's fs nenione soe in sede, 'o prodoce the best sie order. “This sents of lone c ‘achieves thigh cansious punjune. Tat ine herent ioweslan of lide. = Fea it Man's aby fa act toot este coer wiht he PRERNES OF ALIB'S reation atc! 35 Alles traitex on esvonsiiity | M484 ned be acoutable his ution ‘Besvolice, | Jp) or a ttn chat tenets pesos eer than om whom the action procen te witha ny abigatt 2 Since Only Allis al pawerit and omniscient, the Muslin ix indifferent ty independent of. and feacess of all powars other thn 4 above discussion of th em ann im, He is mot overawea hy anyhosdy's gresines, and wil nt allow Inst to be coer ino performing unethical acts by anybody. Since Allah Subp wn 0h ean’ tke aumay just ac He Cun give, thy ‘Metin sill be bumle and modest Since he Is eonrinced that only Allah Subbnahu wo Ala cin help him, ne never Geypnies OF Allah's Help and Mercy. No mon or animal has the power to deprive hin his fe before his appointed tne; lan tly has the powee to fake away his life, He will at bravely én doiny what is ethical and Istamic. ‘The mest import effet OF Matha ida AMA that che Mustion wl bey and elserve Allah's list, He believes that Allah knows everything ‘open oF hidden, ond that be eanaat hide anything, infection oF net from fis Lard. Consequently, he vill avoid what i forbleen, ang engoae ia wet it goed, Application of the: Unity Axiom fo Business Ethics: Based aa the ust businessman will no nity axict, 8 Diccriminste aang his enployens, suppliers, buyes. ot any oder slake-holder on the bai of rca, ool, £8 oF ign, Ts is consi dent wlth Ais purpose fr erentng rank - 0 morbid! Lo! We have creaied yt mate ond flrile, at ave mage yo mations and dries, that jor many Era oe cavcther Be covrsed into uncthical practices, soe he tas aely Allah to fear ind lave, He follows the same, unified cove of bebavior whether he js inthe mosque, earning » living or aeting out other aspects of he ie He will be content. "Say: Lo! My suri nd my acres an my ng nd ny dying are all for Allah, Love ofthe Warts.“ © aren 3, Oe 6:16. be aaa ti * Hor hi ath avai he concep a aa pers he ms that my wl soc and tee wi, A Miskin ey CO EKUMMUNE Heal any cE. nti Ia lo ee ee thin et cocrescd eet aro a ht Her ew nd bes he fins) gate Equilibrium Exilim, or “a, seis he seb Fa, the hora dno of It, Tenn. alentracng tenn a I enine The ee ca ‘Whiverse reflect this delice balance, As ‘Allah says, er 18 We ame routed ey thing By ease? “he super eFeguit . si mare chars Synanitit characrecistic which encl Mfusiim. ust strive fe in i i MES and equilib dans Bh ods ti oe. iin cot hh hye ws it Alin scan ebespiies comp Sore thee ho ane ho MN a hes vs "ce gisng ant concerns the eee Ind ef be sr he knew ih ane MM Jour cin dome corarribyte to Sab Pr lak oes hts ogo SgaReeSHY Allah is net uring curime asceiian: Batact n : . e ance a ert par Ate Me Metis thse “who il be eeumaed ame hoe wh, when ey pe — 8 Nt toga fom i ot ep ee anni Tene s . Qaa2 93, Pose ars inves ial, wm ew gee J oun ef weno fet ca, they uae by oy, ay pas by 1) wits Ronnvadle Yowuchmce): ease wha, when hey ane selworashed wid she sige of Meir Lard. dreop sw sana hem ox iftrey: were al ar blind: fF Application of the Kquilibrime Axiom to Busines shies The priple of equilibrium oF tninnce applies both Riguralivaly nn fieraly to business, Fer exnmple, Allah adionishes Muslin busleessmen lo: Gv fell martes when yom saa ura gh wih @ lane thos i sigh tA the mest fing ond the mt ce acount fal determination. 11s aneresting that nother meaning 2f aa justi can be seen in the above ayer, a Ualancel transaction fe aia just" The Qur'an uses the term ‘alin this sense. Cverall, [sora daws not iim 0 erent socdety af wnarryrtke RvEhARG, doling business for purely Phitaneirapie reacon lostend, [nm vant: to curb man’s propensity for cavetousiss and his ore for possessions. As » resi. misertiness” 0 nd 9 speneilviR rade ef conduct have both been condemned ia the Quan and in the Heal Froo Will, “Toa certain degree, man has been wranteé me tee will a ster his own life ns allo’'s wicegereon on earth” Notwithstanding the fact that he & ‘completely segulated by the law gaverning Allah's ereatlon, he fas bes ‘exdowed with the mbiity t0 think 44 fon Jidgmens, to adapt wewtever outs of life he wishes and, most wnpostanly, f0 set In noeoiwance with (Geran 2857-48, 72-79 © uri 1733, * Ummad-n, Metommmd Te Bi! Hepp af Chae, Later, Pal nena Aer 181, n Tus wotan of tance Blt cnn wit the cincep of uy ml ei of ply thay n ramos sx Gar, JL, anand 1M. ad Dana. 419%), ‘Srgonbatin: Bbavio, Svar ond Procter. Bur Rp, L fin Tbe eh rd up ld nd slvr also than ihe a Ah," a urn 230 03, he to iene stn hice a ‘whatever cade of conduct be chooses, Unlike ether eveamnacs fa ltah'= hyve neisally bs wil aeiove sees he eam shone how cis Sng, Pe Pe dea pois ok da ha wl ali an eI ws wall joe ci) Once he chases to become a Muslin, he wus bait his wlll» Allsi’'s: jolie the collective oF the uaa ard assumes his igh po Tian ap All's tine an ent He ayress te bohowe aczeding fo le end tha ita tos sewer for hi ndivital snd socal Life, Naw “his woes fag become one of submission to Cou aid there fs no confit in his pce sonality." Foce wil eo-enisi ah ity ara equilib Apication oF the Vee Wil Axiom to Business Bibies. Hased pwn the axiom of fee will, man has the treedows to ake 2 contrac ant ithe hhonas oF break it A Rluslin, whw has submited ta the sil oF Alla will Honora contacts 1 gan oa BeFeve! Fal (al obiguarons cis Gmparant as nate thal Ata i drsctng he babe tae explicitly i ‘rusline. Ab Yasuf “AD euggess. cle won! gd is 8 mulidiatensioaal construct [tiple (0) the divine abligations that spring fram) ovr spirit stirs ou slsion te Als, (b) ga Social abligstions euch as a mariage contract, {2} Wut political abligations sil ee = tenty, ant (el) our Borin obligations such as n fornial comiret to perform eestin I23ks ar a cit contrac. treat eur emplayees deceitly, The Muston mst cir is (ree will ‘eset secanging fo the maral cada aid ou by Ale, Sings a ky part of the make-up of span -gaugira he je to abuse seh a syn. The examples of lan Bossy, Michael Millen sad die jn bonds Fsseo, the Savings and’ Loan scandal in the United Siaies the [BCCI debacle, the carmptive practices af the government and the Matin in Ful, the Graken system in dhe eiddle East he sicct market seni in Qari 1839. > Mando * Qaran th 7 ni sb Py uc tsar Ee Japon, ete, alt demenstrete the deficiencies in the capitalistic spstem. Moma Jnfomicir” guided by Allah's Eaw wilt consti choose tobe ethical Responsibility {Unlimited freedom i absurd it implies 9 resmanstility ve accounte bility. To mea the dictates of all and nity that vw sein Allah's cretion san needs to be aicountable for his actions, fll stresses (his concept af ‘moral responsibility far ons actions L}iMhoever works evil wilt be regused asearegly. Nex will 4a fn, besises Alla, any prectoe or haper. Jf any cs dona ‘afrighteovanest—e they wale or ferale-are hve faith Cay Weil enter haan, ad mot the lost infuse will be de te oa Ilan i fir ms previously discussed, a prion fal geen or hu on a if ele sot need the a pubes Beane \imesne or C6) iChdabe i atlng ding ep ‘within tne concept af responsibility [lar Wraws » datinexion between {rd af ‘cpm (individual responsibility thats nea-transfereble) and ford al ‘yah (collective responsi cazstle BY i fei)” For entnple dgchanuenble OY it Jard ol tifayah suggests that soracons Is able Wo card Suiable living tnd ‘wants to accupy himself by stedying some ofthe religions sclences but finds that his woxk will not allow histo 0-50, Ome ety be givan ean since seeking Kieeges_ is considered rive duty, AS far ane who is éayiged in supertaesory worship (naw) ar for ove-who occupies him. seifin now vith no tie a pursue his own ealines, heray nee receive 2alat, This i because the hae Chis machi & ceefined thermore, ‘conirury (0 the ane whe seeh§ knowledge, Fard ol “avo, however, imaane ais jet oe ordinance ra is sure, aod general nits app sation, andthe obligation af which extend ses to every individual. Thos ‘Sing nd ever amo th css lel pm. st aot chi Personal responsibility fr preying page "Rory, Mi A. ~Socal Were Fanti at Caper lain sn Ferttion OF Sehetné see” Paper presi at the Fit Inman Crafers wens Eenwmiay Mah © Gorin 273-128, 2 tnd, Rbwrsbla. Prewort a Mev 1 " Mis6ih, Vol aah Mires, Cae Sasa. 394, of ene me: * tlamic Maines Bee " = gg EAR in tem ie amt-tyered ae Focuses a Lh the pico {alvigno) evel and the macro (ooganiznional and saci) level Res Stiliy ia Isto even brig together hth the ana and he wncro Toes (eis bebvcen the ingividaal aa vans suet inctinations ad forcesy a Sayed Ket poinss out, tan ts he pine af sl rpg in a ‘eter shapes ett forme. tH we fad he espns seh exit bonnes mam rl bit ol. hereon men ae) i ied forty, berveo the sitnvel cnt soci be (meen connie ater cowanunss [If §¢ shall discus tater this exjindsd mewning of sexpordibiliy with Sys reference tn the sacia repowstility af arganivatione Avolcation of tie Respossibilily Air to Busines Ethics, Should “Mali Business peron behave une, he cannet Mans hes vee th pestis of. bualoass ar on te tet crete ce ne snecaly. He beaethe mate spansbisy fr ae som nen at ing, ith sacs: Seer soul wit be lain place fori veel ®™ Hane, th axiom sin wth ot moms wily, quien a fe wil AN sbtinsine must be pote ans mais a ‘sail, Abrus (sy) rated is Ha ogo toner nfo on Ki 6 rues in sr last, moe! Netra eae (or hr etonians of he meaty of Rupe ee et iat at AAD fal or sin, halo be eure a une ee sv: Ones a Maslin has given hit mow or enaged ins ge fat ent eeu u fre proves © Be eistianest (if you beeps something ar 0 bse th di, he oil notin 18? Benevolence Benevolence (isdn) or kindness to uhers is defined ae “am act whieh benefits persons other than those fren shaw the ack proceeds without any obligation“ Kindowss ic encousmged in Isom. The Prophet (saa) is ported ta have sald: Tia tice of Poradive ave of srce ype: ont who wie -tthart ond jt and far on wi afl and a been ‘endowed with power t0 do goo! deed and the parte vk i ‘mero and kind-hearted towards bir relates edt ey lous Mistry, and vob doer not arte vhs had in pte of ‘brine large foil te supoort®™ Application of the Dencvolenee Axiom ¢o Business thies. Accening to al Ghazzi0,” there are six kinds of enewoleace: |. fa person needs a thing, one should give it hin, making 95 ite _Biofl.as passible, Ifthe giver forgoes the profi, it will be beter far kin 2. “TFs man purchares any from a poor pessoa, iwi be more graceful on his part ta suffer a litle ss by pexing Bim more than what ne ‘onsiders to be the rope pice Such on sel mi produce an emotling ffl, and 2 contrary act i ikely to have the revert fleck isnot praiseworthy to pay w rich man mare shan his dis when he s weovioue for charging high rates of pref. 3. Im veailzing one's ducs ard Joanc one must act Yentvelenty by giving the debtors more time to pry than Is due and, if nevetsary, oe Shoal smake reductions it [oan to provide relief tothe debtor. 4 It is onty proper that people who want fo rlur te coads they have pur shaved ahould be perlite ta Go sous @ mater of beaavelence 5 Wis 8 Bracefil act on the part of @ debtor if he pays his debts without bing need t doo, if possible long befae they are duo. m * A Herayi, Sah or Raa, fad Se Umeda 24, 1 Trad Hi, Shi) Mt, Rain 6953, Se Umar i pp 24-2 6 Wher foc pe le more des ‘Suna Seay type: tis ® ster "tw Place Islan sites ies 6 When salting things on erect reat be ; Ar sh be nner mo pes Serraient wher peopl we io ac py ane sie (Mbgh he mba anion guide us in aur doy to éay baer, ey are nid the egress of Lawful ond Outed Reh eviae ix fatam®? In ening the sa coue uf ees mH per tw understand that actions ean be sicgorized aecond) a stevie ecidig Wb tages a Nie or unre. tng evchlce Mor aee oe TCL Presets clyof stone tis manor ba very: person Shining © be 2 Muslin, For example, praying gun te 4 eee pe ive times doy, ‘areata me the compulsory seins that a Muslim mace, cise fa for those acs which ae artim, cet wen uence cess Sola oa ear whats dardm™ For came tong we bresty fbidden like crnting sleobal its in toa ari soos uti and ili en poised Camising tam ca aj sin, eg, murder, efultesy, drinking aleotial, Such acts = Sao ty oo ae eBlog et

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