Business Ethics: Theory and Practice in an Islamic Context

Jabbar, Siti Faridah Abdul; Ali, Hasani Mohd; Mohamed, Zakiah Muhammaddun; Jalil, Faridah

doi:10.1007/978-981-10-8062-3_14

Cited by 6 publications

(3 citation statements)

References 6 publications

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“…The function of trustworthiness in business helps someone always do good deeds and avoid cheating. It is in line with the previous research reporting the positive effects of Islamic ethics implementation in business [29].…”

Section: Upholding Trusts (Amanah)supporting

confidence: 93%

Halal Business and Sustainability: Synergy of Islamic Business Ethics and Culture

Helmi¹

2022

NHJ

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This research aims to examine Islamic business ethics and culture in the halal business practice and sustainability in Tirtoyudo traditional market, Malang Regency, Indonesia. This study used a single case study approach with an exploratory descriptive design. The data were collected through an in-depth interview with eleven informants through purposive and snowball sampling. The obtained data were analyzed using an interactive model. To maintain research quality, validity tests, data comparisons, and data verification were carried out using triangulation of data sources, methods, and sources as well as member checks. Triangulation of data sources, methods and member checks were used to maintain research quality. The result showed that the Islamic business ethic and the cultural values run harmoniously in the business practice in Tirtoyudo traditional market, Malang regency, Indonesia, which resulted in ethical and cultural values based on religion. This research also formulated a traditional market business model as a local trademark with universal features, which can be adopted by other traditional markets. The harmony of Islamic business ethics and cultural values in business practice became the key to the sustainability of Titoyudo's traditional market, which has been running for more than half a century.

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Section: Upholding Trusts (Amanah)supporting

confidence: 93%

Halal Business and Sustainability: Synergy of Islamic Business Ethics and Culture

Helmi¹

2022

NHJ

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“…Ethical principles such as the mandates practiced by Tirtoyudo traditional market traders are in line with the appreciation of Islam for business people who have an independent orientation, can maximize all their resources, and provide benefits to mankind. The function of trustworthiness in business helps people do good and avoid cheating and is in line with previous research on the implementation of Islamic ethics in business and its positive role (Jabbar et al 2018).…”

Section: Trustworthysupporting

confidence: 87%

Halal Development: Trends, Opportunities and Challenges

Pratikto¹,

Taufiq²,

Voak³

et al. 2021

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The increasing demand for halal products including goods and services every year, especially for food and beverages, has resulted in a growing need for products with Halal guarantees. Along with the increasing trend of demand globally, it has resulted in an increase in producers of halal food and beverages in both Muslim and non-Muslim countries. The growth in demand for halal products increased significantly in Asia, Africa and Europe. This has also resulted in an increase in demand from consumers of halal products so that producers in producing food and beverage products must comply with the provisions of Islamic law.In addition, not only for food and beverage products but also the demand for halal tourism is also increasing. Indonesia is one of the largest Muslim countries in the world. However, there are still many Muslim consumer actors and Muslim producer actors who do not yet have an awareness of the importance of complying with the provisions of Islamic law in consuming and producing goods and services. There are still many restaurants and hotels that serve food and drinks that are not certified halal. There are still many food, medicinal and cosmetic products that are not halal certified. But now many secular countries such as France, Canada, Australia, the United States, Britain are also halal certified with the aim of meeting the Muslim demand for halal products for food and beverage, including for halal tourism.

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“…This attribute goes beyond the humanities as it encompasses all living/non-living creatures without losing sound judgment under the maqasid shariah (the objectives of rule creation) (Al-Amin Endut et al, 2014;Kasri and Ahmed, 2015;Saifuddeen et al, 2014). The consistency between 'adalah and daily life secures the foundation of socio-economic order by adhering to God's pleases (Jabbar et al, 2018). Figure 1 shows the four salient points with the conversation illustrated in the literature section.…”

Section: Islamic Business Ethicsmentioning

confidence: 99%

An assessment on Islamic banking ethics through some salient points in the prophetic tradition

Alwi

Parmitasari²,

Syariati³

2021

Heliyon

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Indonesia is experiencing a stable and rapid Islamic economy process since the emergence of Islamic banking. Asides from the development, some scholars argued that Islamic banking does not completely comply with primary Islamic obligations, such as ethics. The use of sharia banking is preferred in Indonesia, even though it only upholds one foundation in Islamic teaching. Therefore, it is imperative to present Islamic banking's ethical foundations with strong support from early teachings and test it empirically. This research presents several original concepts of Islamic ethics in the form of prophetic messages and teaching of Muhammad (peace be upon him), namely Iman (faith), Niyyah (intention), Amanah (trust), and 'Adalah (justice). The confirmatory composite analysis (CCA) was used to assess the four terms to 411 Islamic banking employees in the Indonesian context. The result showed that salient points in measuring employee ethics need to be ethical in all circumstances. This movement tends to positively provide a multiplier effect in the banking management and potentially serve as the educational function to the communities.

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Business Ethics: Theory and Practice in an Islamic Context

Cited by 6 publications

References 6 publications

Halal Business and Sustainability: Synergy of Islamic Business Ethics and Culture

Halal Business and Sustainability: Synergy of Islamic Business Ethics and Culture

Halal Development: Trends, Opportunities and Challenges

An assessment on Islamic banking ethics through some salient points in the prophetic tradition

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