Alhassanain(p) Network for Heritage and Islamic Thought

Islamic Business Ethics

This book is corrected and edited by Al-Hassanain (p) Institue for Islamic Heritage and Thought

• Frequently Used Terms
• Preface
• Introduction
• This World and the Hereafter
• A. The Relationship
• B. The Attachment
• Wealth versus Poverty and Asceticism
• Affluence and Charity
• C. Seeking Livelihood
• Sayings
• Notes
• You and God
• A. Human Efforts and Divine Decree
• B. Seek from Lawful Means
• C. Tawakkul and Du’a
• Tawakkul and Insurance
• Notes
• Your Time and Money
• A. Time Management
• B. Financial Management
• The Problem of Extravagance and Waste
• Notes
• Your Customers
• A. Sanctity of Property
• B. Truthfulness and Honesty
• C. Concern for Society’s Well-being
• D. Fraud and Customers' Rights
• Notes
• Your Employees
• Fixing the Wages
• Notes
• Your Partner
• Types of Partnership
• Importance of Written Contracts
• Disputes and Arbitration
• Notes
• Your Business A: Five Types of Laws
• Note
• Your Business B: Haram Business and Trade
• 1. Intoxicating Drinks
• 2. Animal Products
• 3. Other ‘Ayn Najis
• 4. Hoarding Common Food Items
• 5. Tools and Machines for Haram Purposes
• 6. Money Related Issues
• Riba and Interest
• a) Two Types of Interest
• Interest in Business and Trade
• Other related transactions
• Interest in Loan
• b) Loan, Debt and al-Qarzu 'l-Hasan
• Repaying al-Qurzu ‘l Hasan
• c) Bank Activities
• i. Banks
• ii. Deposits in Non-Muslim Banks
• iii. Islamic Banking
• iv. Getting Loan from Banks
• v. Use of Credit Cards
• vi. Financing a Car Purchase
• vii. Services of the Bank
• viii. Working in the Banks
• d) The Stock Market and Futures
• i. Mutual Funds, the Stock Market and Bonds
• ii. Futures Markets
• 7. Other Professions
• Joining the police or armed forces
• Sculpting and Painting and Drawing
• Astrology and Palmistry
• Legal profession
• Notes
• The Non-Muslim Work Environment
• Introduction
• First Principle of Conduct as a Minority
• Second Principle of Conduct as a Minority
• Problems Faced by Muslim Minorities
• 1. Beards for Men
• 2. Hijab or Dress Code for Women
• 3. Shaking Hands
• 4. Religious Holidays
• 5. Daily and Friday Prayers
• 6. Participation in the Christmas Party
• Conclusion
• Notes
• Works Cited