IDEAS home Printed from https://ideas.repec.org/a/cup/buetqu/v7y1997i03p47-54_00.html
   My bibliography  Save this article

Business Ethics in Islamic Context: Perspectives of a Muslim Business Leader

Author

Listed:
  • Abeng, Tanri

Abstract

The role of the business leader is key to develop the culture of an enterprise. To exemplify its importance in the national and global context, the Muslim author from Indonesia points with admiration to Konosuke Matsushita, founder of Matsushita Electric Corporation, who already in the 1930s set up the seven ethical principles for healthy business growth, which also are commended by the Islamic imperative. Due to the current dynamic business environment, Muslims find themselves confronted with serious dilemmas and need guidance from a clearly developed Islamic business ethics. For this purpose the author offers, first, the essentials of such an ethics: the utmost importance of all sort of productive work and the distribution of wealth in society; the vocation of trade; the fundamental principles of freedom and justice for business conduct; the prescription of certain manners such as leniency, service-motive, and consciousness of Allah; and mutual consultation. He, then, presents his personal view on leadership in business. It involves three basic ingredients: an inspiring vision of high and achievable standards; a value system based on the principles of freedom and justice and promoting fairness, business integrity, and efficiency; and courage to face tough decisions while putting one’s complete trust in Allah.

Suggested Citation

  • Abeng, Tanri, 1997. "Business Ethics in Islamic Context: Perspectives of a Muslim Business Leader," Business Ethics Quarterly, Cambridge University Press, vol. 7(3), pages 47-54, July.
    • Handle: RePEc:cup:buetqu:v:7:y:1997:i:03:p:47-54_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1052150X00003420/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mohammad Faruk Hossain & Dr. Che Thalbi bt Md. Ismail & Dr. Nazli Mahdzir, 2021. "The Impact of Corporate Social Responsibility in Bangladesh Halal Food Industry," iRASD Journal of Management, International Research Alliance for Sustainable Development (iRASD), vol. 3(1), pages 69-81, june.
    2. Jihad Mohammad & Farzana Quoquab & Nik Mutasim Nik Abd Rahman & Fazli Idris, 2015. "Organisational citizenship behaviour in the Islamic financial sector: does Islamic work ethic make sense?," International Journal of Business Governance and Ethics, Inderscience Enterprises Ltd, vol. 10(1), pages 1-27.
    3. Long-Chuan Lu & Chia-Ju Lu, 2010. "Moral Philosophy, Materialism, and Consumer Ethics: An Exploratory Study in Indonesia," Journal of Business Ethics, Springer, vol. 94(2), pages 193-210, June.
    4. Al-Jarhi, Mabid, 2010. "Reviving the Ethics of Islamic Finance," MPRA Paper 66732, University Library of Munich, Germany, revised 2011.
    5. Sakinah Mat Zin & Ahmad Azrin Adnan & Iskandar Hasan Abdullah, 2017. "Intellectual Capital: How Do Islamic Ethics Rejuvenate It?," Asian Social Science, Canadian Center of Science and Education, vol. 13(3), pages 1-70, March.
    6. Ghulam Murtaza & Muhammad Abbas & Usman Raja & Olivier Roques & Afsheen Khalid & Rizwan Mushtaq, 2016. "Impact of Islamic Work Ethics on Organizational Citizenship Behaviors and Knowledge-Sharing Behaviors," Journal of Business Ethics, Springer, vol. 133(2), pages 325-333, January.
    7. Farida Mohammed Shehu & Al-Hasan Al-Aidaros, 2015. "A Proposed Framework on the Relationship between Islamic Microfinance Related Factors and Women Entrepreneurs Business Performance in Nigeria," Journal of Education and Vocational Research, AMH International, vol. 6(4), pages 38-44.
    8. Donelson Forsyth & Ernest O’Boyle & Michael McDaniel, 2008. "East Meets West: A Meta-Analytic Investigation of Cultural Variations in Idealism and Relativism," Journal of Business Ethics, Springer, vol. 83(4), pages 813-833, December.
    9. Richardson, Christopher, 2014. "Firm internationalisation within the Muslim world," Journal of World Business, Elsevier, vol. 49(3), pages 386-395.
    10. Johan Graafland, 2017. "Religiosity, Attitude, and the Demand for Socially Responsible Products," Journal of Business Ethics, Springer, vol. 144(1), pages 121-138, August.
    11. Akrum Helfaya & Amr Kotb & Rasha Hanafi, 2018. "Qur’anic Ethics for Environmental Responsibility: Implications for Business Practice," Journal of Business Ethics, Springer, vol. 150(4), pages 1105-1128, July.
    12. Ismail, Abdul Ghafar & Zali, Nor Azmidah, 2015. "Ethics in Relation to Islamic Finance Activities," Working Papers 1435-7, The Islamic Research and Teaching Institute (IRTI).
    13. Xin Le Ng & Sang Long Choi & Khairiah Soehod, 2016. "The Effects of Servant Leadership on Employee’s Job Withdrawal Intention," Asian Social Science, Canadian Center of Science and Education, vol. 12(2), pages 1-99, February.
    14. Gusti O. Widana & Sudarso K. Wirjono & Mustika S. Purwanegara & Mohamad Toha, 2015. "The Role of Business Ethics in the Relationship between Market Orientation and Business performance," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 4(1), pages 95-111, January.
    15. Faruk Kerem Senturk & Mehmet Bayirli, 2016. "Relationship between the Islamic Work Ethic and the Love of Money," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 5(3), pages 95-110, April.
    16. Chengli Shu & Hammad Bin Azam Hashmi & Zhenxin Xiao & Syed Waqar Haider & Mishal Nasir, 2022. "How Do Islamic Values Influence CSR? A Systematic Literature Review of Studies from 1995–2020," Journal of Business Ethics, Springer, vol. 181(2), pages 471-494, November.
    17. Graafland, J.J. & Kaptein, M. & Mazereeuw, C, 2007. "Conceptions of God, normative convictions and socially responsible business conduct: An explorative study among executives," MPRA Paper 20280, University Library of Munich, Germany.
    18. GholamReza Zandi & Naser Zandi Pour & Mohamed Sulaiman & Nayal Rashed Mohsen, 2017. "The Conceptual Framework of Responsibility and Leaders Success from an Islamic Perspective," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 7(8), pages 658-666, August.
    19. Richardson, Christopher & Rammal, Hussain Gulzar, 2018. "Religious belief and international business negotiations: Does faith influence negotiator behaviour?," International Business Review, Elsevier, vol. 27(2), pages 401-409.
    20. Khurram Khan & Muhammad Abbas & Asma Gul & Usman Raja, 2015. "Organizational Justice and Job Outcomes: Moderating Role of Islamic Work Ethic," Journal of Business Ethics, Springer, vol. 126(2), pages 235-246, January.
    21. Gusti Oka Widana, 2021. "The measurement model of Islamic work ethics for Muslim employees in the banking industry," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(5), pages 66-71, July.
    22. Shamas-ur-Rehman Toor & George Ofori, 2009. "Ethical Leadership: Examining the Relationships with Full Range Leadership Model, Employee Outcomes, and Organizational Culture," Journal of Business Ethics, Springer, vol. 90(4), pages 533-547, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:buetqu:v:7:y:1997:i:03:p:47-54_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/beq .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.