Conceptual Framework of Business Ethics in Islam

Abstract

This study explores a conceptual framework for business ethics deeply rooted in Islamic principles, aiming to provide a comprehensive guide for ethical conduct in the realm of commerce . Recognizing the Quran as a primary source, this framework integrates key Islamic teachings related to wealth, justice, and social responsibility, offering insights into the ethical considerations that underpin economic activities within the Islamic tradition. The conceptual framework presented in this study establishes a holistic understanding of business ethics in Islam, leveraging the Quran as a guiding source. By acknowledging the principles of justice, responsible wealth management, and social responsibility, the framework serves as a roadmap for businesses to navigate the ethical landscape. The study examines Quranic injunctions shaping ethical behavior in business by employing a qualitative research approach to comprehensively explore the conceptual framework of business ethics in Islam. Ultimately, this framework encourages a symbiotic relationship between economic prosperity and ethical considerations, fostering a just and compassionate business environment in line with Islamic values.