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Questions and Answers
What is the basis of Islamic Business Ethics?
What is the basis of Islamic Business Ethics?
- Hinduism
- The Bible
- Al-Qur'an and Hadith (correct)
- The Torah
Which religion is considered the earliest major religion to emerge in the area?
Which religion is considered the earliest major religion to emerge in the area?
- Christianity
- Hinduism (correct)
- Buddhism
- Islam
According to the text, what cannot resolve certain key problems of business and protect society?
According to the text, what cannot resolve certain key problems of business and protect society?
- The government (correct)
- Laws
- Lawyers
- Ethics
What is the ethical responsibility of business towards humanity?
What is the ethical responsibility of business towards humanity?
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Study Notes
- To avoid ethical failure, spiritual strength is needed to control unruly senses.
- Hinduism is the earliest major religion to emerge in the area, originating in the Punjab.
- Ethics have a considerable influence on the economy and help it operate smoothly.
- The government, laws, and lawyers cannot resolve certain key problems of business and protect society.
- Business has an ethical responsibility for fairness for humanity.
- Islamic Business Ethics is based on Al-Qur'an and Hadith.
- Islam is a strict monotheistic religion founded by Mohammed in Medina in 622.
- Arab Muslims conquered lands over a vast area within less than a hundred years.
- Ethics enhance the quality of lives and work in business.
- Business activities also have a social function through Zakat and Alms.
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