ABSTRACT

Islam, as a religion, was one important force in impacting Islamic ethics, yet there were many other influences. As applied to the world of commerce and business, the Islamic impact has delineated a set of expected norms and behaviors. Those norms revolve around certain assumptions or pillars underlying Islamic business ethics that include: faith, justice, benevolence and trusteeship. This chapter provides examples of how the assumptions and pillars are manifested in attitudes/behaviors/rulings within Islamic practice. It focuses on the attributes that reflects some common understandings that support the pillars. The attributes include knowledge is important; ethics can be learned; two vehicles; role models; moderation; mystical intuition; cooperation and care and perfection. Happiness in societies occurs when people cooperate with each other toward the elevation of their societies. Perfection goes beyond quality. Perfection in work is an act loved by God. Perfection means performing work according to the best way of doing it.