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Islamic Ethics and the Implications for Business

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Abstract

As global business operations expand, managers need more knowledge of foreign cultures, in particular, information on the ethics of doing business across borders. The purpose of this paper is twofold: (1) to share the Islamic perspective on business ethics, little known in the west, which may stimulate further thinking and debate on the relationships between ethics and business, and (2) to provide some knowledge of Islamic philosophy in order to help managers do business in Muslim cultures. The case of Egypt illustrates some divergence between Islamic philosophy and practice in economic life. The paper concludes with managerial implications and suggestions for further research.

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Authors and Affiliations

  1. Thunderbird, The American Graduate School of International Management, 15249 North 59th Avenue, Glendale, Arizona, 85306, U.S.A

    Gillian Rice

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  1. Gillian Rice
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Rice, G. Islamic Ethics and the Implications for Business. Journal of Business Ethics 18, 345–358 (1999). https://doi.org/10.1023/A:1005711414306

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