Islam & Business

By Nik Mohamed Affandi Bin Nik Yusoff.

Islam & Business

Description

Islam offers alternative business practices and perspectives many of which are universal in nature and quite similar to conventional ones. However, there are some which are different and unique: for example, the principle of partnership and sharing of both profit and loss in Islamic lending. Islam requires a proper balance between commercialism and humanitarianism, and between profit and social responsibility. This balanced approach therefore offers a ready solution to serious current problems of profiteering, consumer exploitation, irresponsible corporate governance and environmental degra...

ISBN(s)

9679787680, 9789679787689

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