Islamic Business Ethics!

Business Ethics – Mufti Menk – YouTube

Mufti Menk explains the rules of a good bargain.

I have taught business ethics for some years now and I have tried to emphasize the application of religion to the field. Several Protestant denominations have strong codes of business ethics, and the Catholic Church has an vast array of teachings on the proper conduct of business from a moral standpoint. However, both Judaism and the religion of Islam have a lot to say about business ethics. I have been impressed by the Islamic take on what constitutes proper business conduct.

This brief video is eloquent and beautifully explains the concept of “blessings” in business dealings. Blessings in this teaching are the benefits of the bargain. They are not to be concentrated on one side of the deal but both parties are to share in the prosperity brought about by business deals. I was delighted with the concept and I hope you enjoy it too.

 

Kaaba at night (from wikipedia)

In these days, when many are willing to judge all practitioners of Islam as militant radicals, it is important to recognize the basic morality of the religion and the benefits it has brought hundreds of millions of people. Among those benefits is a strong well taught set of rules for Islamic business ethics.

James Pilant

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