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Zur Ethik des islamischen Finanzmarktes (On the Ethics of the Islamic Financial Market)

Listed author(s):
  • Stefan Leins
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    Islamic Banking ist in aller Munde. Waehrend sich OEkonomen mit den finanztechnischen und Juristen mit den religioes-rechtlichen Eigenheiten des islamischen Finanzmarktes auseinander setzen, soll Islamic Banking hier aus wirtschaftsethischer Perspektive betrachtet werden. Anhand empirischer Daten wird der Umgang islamischer Banker mit dem Zinsverbot, mit dem Teilen von Gewinnen und Verlusten zwischen Banken und Kunden und mit der Ablehnung bestimmter, von islamischen Bankern als moralisch verwerflich bewerteter Wirtschaftsbranchen besprochen. Dabei wird argumentiert, dass dem islamischen Finanzmarkt eine kulturspezifische, sich von den Moralvorstellungen konventioneller Banker unterscheidende Wirtschaftsethik inhaerent ist. (Economists and jurists have analyzed Islamic Banking from a technical and legal perspective. In this article, I will discuss the Islamic financial market with regard to its underlying ethical concepts. Based on empirical data collected in Bahrain, I will argue that the Islamic financial market possesses a culturally embedded concept of business ethics. Focusing on how Islamic bankers deal with the prohibition of interest, the sharing of gains and losses between banks and clients, and how they try to avoid business branches that they consider to be immoral, I will show that the Islamic concept of business ethics differs from the conventional one.)

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    Article provided by Rainer Hampp Verlag in its journal Zeitschrift fuer Wirtschafts- und Unternehmensethik.

    Volume (Year): 11 (2010)
    Issue (Month): 1 ()
    Pages: 66-75

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    Handle: RePEc:rai:ethics:doi_10.1688/1862-0043_zfwu_2010_01_leins
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