Chapter 3: The Status of Economic Operations and Business Ethics in the Historical Mindset of Muslim Scholars

Chapters in this book

1. Frontmatter I
2. Preface V
3. Introduction VII
4. Contents XXV
5. Chapter 1: Ethics of Risk-Sharing Economics and Finance 1
6. Chapter 2: Ethics in the Light of Maqasid Al-Shari’ah: A Case Study of Islamic Economics and Finance 21
7. Chapter 3: The Status of Economic Operations and Business Ethics in the Historical Mindset of Muslim Scholars 48
8. Chapter 4: The Central Role of Spirituality and Ethics in Islamic Economics and Finance 65
9. Chapter 5: The Role of Spirituality and Morality in the Islamic Model of Economic Education and Training 91
10. Chapter 6: Sustainable Human Development Ethics: A Quranic Perspective 115
11. Chapter 7: Relationship Between Ethics and Economic Development from the Viewpoint of the Qur’an and Hadith 132
12. Chapter 8: The Environmental Crisis in the Islamic World – Pertinence of the Teachings of Traditional Islam 156
13. Chapter 9: Responsibility of Muslims versus Environment 166
14. Chapter 10: Business Ethics 182
15. Chapter 11: Ethical Model of Business Ethics: Qur’an’s View 200
16. Chapter 12: Spiritual Excellence (Iḥsān) for Professionals: A Ḥadīth-Based Perspective 217
17. Chapter 13: Human and Role of Ethics in His Interactions in Makarim-ul-Akhlaq Prayer by Ali bin Hussain (PBUH) 238
18. Chapter 14: Shaheed Sadr’s Perspective on Property Rights in Islam 255
19. Chapter 15: Significance of “Trust” in Capital Formation in Islamic Finance 286
20. Chapter 16: Principle of Human Dignity: The Criteria for Ethical Assessment of Business Relations in Islamic Economy 302
21. Chapter 17: Domains of Probity (“Sidaqat”) in Islamic Markets 320
22. Chapter 18: An Index of Islamic Market Probity (“Sidaqat”) 335
23. Chapter 19: Fair Wages in Islam 359
24. Chapter 20: Ethics and the Acknowledged Right of the Destitute in the Qur’an and Hadith 387
25. Chapter 21: Influence of Piety (Taqwa) on Ethical Decision-makings in Business: Integration of Religious and Scientific Views 410
26. Chapter 22: The Role of Religious and Ethical Teachings in Designing Social Welfare Function 439
27. Chapter 23: Towards an Integrative Framework for Understanding Producer Behaviour in Islamic Economics Framework 460
28. Chapter 24: The Ethics of Consumption in Islam 472
29. Chapter 25: A Glance at the Ethical Dimensions of Money in Islamic Economic System 501
30. Chapter 26: Hoarding of Goods, Money and Financial Assets 526
31. Chapter 27: Ethics and Economy of Islamic Government 544
32. Chapter 28: Principles of Defining Public Domain in Islam in Contrast to Neoclassical and Communitarian Viewpoints 573
33. List of Figures 597
34. List of Tables 599
35. Contributing Authors’ Short Bios 601
36. Index 607