[PDF] Top 20 Business Ethics in Islamic Finance

... of Islamic finance businesses is ethical since they are based on the principles of the ...Dignified business promotes the virtues of self- achievement, success, self-reliance, hard work, decency, and ... See full document

... of ethics, and business ethics in particular, we have relied in this paper on a quick survey of the ...an Islamic perspective of ethics and business ethics, the article ... See full document

... to Islamic teaching, business cannot be conducted in a way in which one become a loser nor greedy(Al-Nashmi & Almamary, 2017), ensure a balance between profits of companies and the obligation to deliver ... See full document

... the business from day one. A business activity as a worship will encourage a Muslim to become a successful entrepreneur in this world and the ...conduct business regardless of the meaning lawful or ... See full document

... religious ethics cannot be ignored in business ethics. In Islamic theology and philosophy, akhlaq, an Arabic term, is generally used to refer to a noble character, morality and ethical ...in ... See full document

... Interest makes capital scarce, brings oligopoly in capital goods industries and monopolistic competition in consumer goods industries i.e. market imperfections. Market imperfections lead to mismatch between supply and ... See full document

... Abstract: Despite the best efforts of all concerned, the financial sector continues to have a bad reputation for illegal and unethical behaviour and to be more prone to ethical lapses than other business sectors. ... See full document

... in Islamic community principles and this expands to safeguarding the nature: “avoiding harm is paramount to achieving utility” (The Prophet ...of business and business running. During the time that ... See full document

... large. Business risks are shunned and information asymmetry is confronted with the use of collateral .... Islamic finance meanwhile immerses itself in business risk, handling the lemon problem ... See full document

... Islamic finance is the only example of a financial system directly based on the ethical precepts of a major religion, providing not only investment guidelines but also a set of unique investment and ... See full document

... second, Islamic economic system is related to the regulation that binding the economic activities in a particular ...in Islamic organization (henceforth, ...of Islamic economic. In the study of ... See full document

... early Islamic era when mostly the Mudarib was a poor and resource-less person in financial need with limited incentive and authority to enter in corruption and no capacity to participate in loss sharing if the ... See full document

... one business framework and then transformation to another is always done if previous model fails to satisfy the needs of the customers or the ...of Islamic principles much easier for individuals as well as ... See full document

... first Islamic bank in the Sudan, Faisal Islamic bank, which marked the first step to Islamize all Sudanese banks later (Abdel Mohsin, 2005; Babyesiza, 2015; Zaher and Hassan, ...Faisal Islamic Bank ... See full document

... The impact of the risks in the banking sector will have an impact on the stakeholders of the bank, namely shareholders, employees, and customers as well as impacting the economy in general. The effect of risk loss on ... See full document

... Islamic finance has coincidently developed over the same time period as intellectual property however there are significant differences in how the two sectors have evolved over three ...decades. ... See full document

... Islamic finance can provide a credible alternative since it is based on the principle of direct participation in the risk of investment and the prohibition to sell products that do not exist, in addition, ... See full document

... both Islamic and conventional and divide the sample vertically on the basis of average debt/equity ratio for the whole sample into groups with (i) low ratio ... See full document

... This dissertation describes a proposed framework of knowledge, skills, abilities, and other characteristics (KSAOs) of a practitioner who is competent in business ethics, compliance, or integrity should ... See full document

... occurrence) of the heat map to conceptually reflect a position of higher importance as many people intuitively read from top to bottom as opposed to reading from right to left. If the original order of the axes is ... See full document