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BUS 405 Ethics and Islamic Values in Business
Department: BSc in Business Management & BSc Industrial Engineering
Module Description: The main aim of this module is to enable students to acquire a critical understanding of the foundations of business ethics in Islamic societies; to develop a sound understanding of the nature and importance of business in Islam; to identify the Islamic Value System; to learn key management and organisation issues in Islam.
Recommended readings
- Beekun, R. I. and Badawi, J. A. (2005). Balancing ethical responsibility among multiple organizational stakeholders: the Islamic perspective. Journal of Business Ethics, vol. 60(2), pp. 131–145.
- Chapra, M. U. (2000). The future of economics : an Islamic perspective. Leicester: Islamic Foundation. pp. 147–148.
- Fisher, C. M., Lovell, A. and Valero-Silva NeĢstor. (2013). Business ethics and values : individual, corporate and international perspectives. 4th edn. Harlow: Pearson Education.
- Khalifa, A. S. (2003). The multidimensional nature and purpose of business in Islam. Accounting, Commerce & Finance: The Islamic Perspective Journal, vol. 7(1&2), June/December, pp. 1-31.
- Kuran, T. and Jeffrey B. N. (2009). 'Economic development', in J. L. Esposito(ed.). The Oxford encyclopedia of the Islamic world, Volume 2. New York, N.Y. : Oxford University Press, pp. 106-112.
- Qaradawi, Y. et al. (2013) The lawful and the prohibited in Islam. Petaling Jaya, Selangor: Islamic Book Trust.
- Williams, G. and Zinkin, J. (2009). Islam and CSR: a study of the compatibility between the tenets of Islam and the UN global compact, Journal of Business Ethics, vol. 91, pp. 519-533.