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Guiding Principles For Islamic Labor Code And Business Ethics

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dc.contributor.authorMohamad Zaharuddin Zakaria,en_US
dc.contributor.authorNisar Mohammad Ahmad,en_US
dc.contributor.authorAhmad Zaki Salleh,en_US
dc.contributor.authorMushaddad Hasbullahen_US
dc.contributor.authorAbdulsoma Thoarlimen_US
dc.date.accessioned2024-05-28T03:28:10Z
dc.date.available2024-05-28T03:28:10Z
dc.date.issued2017
dc.descriptionInternational Journal of Academic Research in Business and Social Sciencesen_US
dc.description.abstractThis paper proposes a Guiding Principle for Islamic Labour Code and Business Ethics for business entities such as multinational corporations (MNCs) operating in Muslim countries. This code is proposed to ensure the manners in which they conduct with their business operations, in particular the way they manage their employees in accordance with the Islamic principles. In developing such guiding principle, the authors will take into consideration the elements of human rights and corporate responsibilities as well as the notion of maqasid shari’a. In other words, it means achieving and protecting the benefits and good (masalih)for the sake of human beings. This will cover the issues such as the rights and duties of employees in Islam, discrimination against employees, labour associations, child and forced labours and fair distribution of income and wages. This paper is a conceptual paper thus it uses the library-based research method by analysing relevant materials such as the Holy Quran, the Hadith, the traditional Islamic books and literatures, journals, academic textual materials as well as internet sources. The outcome of this paper emphasised that, by incorporating Islamic labour code and business ethics based on the principle of maqasid shari’a, business does not only serve as a purely profit-oriented entity but will also be a more socially-responsible entity that will make profit in a responsible and ethical manner by respecting its employees and people within its sphere of influence. Keywords:Business in Islam, Labour, Corporate Responsibility, Maqasid Shari’a, Islamic law, business ethics.en_US
dc.identifier.doi10.6007/IJARBSS/v7-i5/2972
dc.identifier.epage345
dc.identifier.issn2222-6990
dc.identifier.issue5
dc.identifier.other57-6
dc.identifier.spage336
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/4256
dc.identifier.volume7
dc.language.isoenen_US
dc.publisherHRMARSen_US
dc.relation.ispartofInternational Journal of Academic Research in Business and Social Sciencesen_US
dc.subjectBusiness in Islam,en_US
dc.subjectLabour,en_US
dc.subjectCorporate Responsibility,en_US
dc.subjectMaqasid Shari’a,en_US
dc.subjectIslamic law,en_US
dc.subjectbusiness ethics.en_US
dc.titleGuiding Principles For Islamic Labor Code And Business Ethicsen_US
dc.typeArticleen_US
dspace.entity.typePublication

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