IDEAS home Printed from
   My bibliography  Save this paper

Determining Conformity to Islamic Ethical Principles in Economic Practices: A Case of Pakistan


  • Shaikh, Salman


The paper discuses sources of income permitted and prohibited in the faith of Islam. Under ethical constraints i.e. the allowed framework in which an individual or group of individuals can undertake economic pursuits, the Islamic teachings relating to the right conduct in economic pursuits are provided. Then, when the person in his/her economic pursuits becomes an earning individual, the Islamic teachings to an earning individual are provided in the light of Quran and Hadith. The paper also compares secular and Islamic ethics briefly. The paper also analyzes conformity of economic practices with Islamic principles and identifies specific ethical issues and deviations in specific sectors of economy at the sector and industry level.

Suggested Citation

  • Shaikh, Salman, 2009. "Determining Conformity to Islamic Ethical Principles in Economic Practices: A Case of Pakistan," MPRA Paper 19696, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:19696

    Download full text from publisher

    File URL:
    File Function: original version
    Download Restriction: no

    More about this item


    Islamic Ethics; Islamic Morality; Secular Ethics; Moral Relativism; Ethical Relativism.;

    JEL classification:

    • Z12 - Other Special Topics - - Cultural Economics - - - Religion
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    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:pra:mprapa:19696. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter). General contact details of provider: .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.