Handbook of Research on Islamic Business Ethics

This Handbook explores the interweaving relationship between Islamic business ethics and the market, and examines the critical role that ethics can play in ensuring that business thrives.

The complex relationship between society and business is vividly captured by ethical standards and obligations. This is especially pertinent in the Islamic world, where religion plays a key role in both social and commercial interactions. Many people see the presence or absence of ethical commitments as an indicator of whether business actors uphold their social responsibilities, and there is an increasing recognition of the significance of ethical value for business. This Handbook explores the interweaving relationship between Islamic business ethics and the market, and examines the critical role that ethics can play in ensuring that business thrives. By offering theoretical perspectives on research it goes beyond the conventional treatment of Islamic ethics, and asks what is important for the various market and social actors in the business world to behave in a morally responsible manner.

The Handbook of Research on Islamic Business Ethics is an essential source for policymakers and researchers to gain an understanding of pressing ethical issues in the Islamic business world. The primary objective is to provide readers with an insight into the ethical principles that govern Islamic business conduct. These principles are articulated with a view to evaluating whether business actors uphold their social responsibilities and are committed to ethical values in their conduct.

Exploring the interweaving relationship between Islamic business ethics and the market, this Handbook examines the critical role that ethics can play in ensuring that business thrives. It offers theoretical perspectives on research and goes beyond the conventional treatment of Islamic ethics. It debates important market issues and asserts that social actors in the Islamic business world should be cognisant of these issues so as to behave in a moral and responsible manner. Implications for researchers and for market conduct are illuminated.

Readers wanting to familiarize themselves with day-to-day Islamic business ethics will find this Handbook an invaluable guide.

About the Editor

Abbas J. Ali, Distinguished University Professor and Professor of Management, Indiana University of Pennsylvania, US

Table of Contents:

Acknowledgement

Introduction
1. Business Ethics: Facing the Challenge in an Uncertain World
Abbas J. Ali

PART I The Ethics of Knowledge and Individual Rights
2. The Ethics of Knowledge
Abbas J. Ali

3. Individual Rights and Responsibilities, Morality, Relativism and Self-Interest
Imad-ad-Dean Ahmad

PART II The Ethical System
4. Religion, Virtuous Conduct, Justice, Vocation and the Ethics of Hard Work: A Descriptive View of Islamic Sociocultural Systems and Economics
Hasan Shahpari and Tahereh Alavi Hojjat

5. The Nature of Business as Social Ethics in Mainstream and Islamic Worldview
Masudul Alam Choudhury

6. Uncertainty or ‘Gharar’ in Contracts Under the Islamic Ethical Code
Said Elfakhani and Yusuf M. Sidani

PART III Marketing Ethics
7. Brand Islam and the Marketing of Muslim Ethics to a Global Audience
Jonathan A.J. Wilson

8. Ethical Considerations in ‘Islamic’ Marketing and Promotion: A Spotlight on the Islamic Bank of Britain
Luqman Zakariyah

PART IV Ethics and Power
9. Leadership in Islam: Ethical and Theoretical Foundations
Abbas J. Ali

10. Power and Authority: The Ten Commandments Perspective
Abbas J. Ali

PART V Islamic Ethics and Financial Conduct
11. Islamic Finance and Social Justice: A Reappraisal
Raza Mir and Muqtedar Khan

12. Managing the Ethical Aspects of Islamic Banking and Finance
Hussain G. Rammal

13. The Ethics of Islamic Accounting
Yusuf M. Sidani

PART VI Islamic Work Ethic
14. Work Ethics in the GCC Countries: Current Challenges and the Road Ahead
Yusuf M. Sidani

15. Islamic Work Ethics and Organizational Commitment: A Case of Jordanian Islamic Banks
Saad G. Yaseen, Dima Dajani and Sama Mazen Al-Taee

Bibliographic Information

Title: Handbook of Research on Islamic Business Ethics

Editor: Abbas J. Ali

Publisher: Edward Elgar Pub

 Language: English

Length: 336 pages

ISBN:  978-1781009444

Pub. Date: December 30, 2015