The simplest and most glaring type of business fraud to the most cunning and subtle There can be absolutely no scope for any kind of commercial dishonesty varying from And, ifīusiness is conducted strictly in accordance with the Islamic principles of commerce, Standard of morality on which Islam wants us to conduct our business. If we try to comprehend theĮxact, implications of the term Haram (unlawful) we can form an idea of the high food earned through unlawful means spoils our spiritual and moral health.Ī man who liver on income derived through illicit means and fraudulent practicesĬannot be morally advanced and spiritually elevated. The pious among us believe that just as nasty food spolis our physical health,

Islam lays the greatest emphasis on Qat Haldl (food earned through lawful Profession, and, on the other band, exhorted them to observe truthfulness and honesty Peace be upon him) who, on the one hand, urged his followers to adopt trade as their Possess any high standard of business morality. Mercenary nations, notorious for their greed. The HindusĪnd Jews were (and still, are) worshippers of the Mammon. It will not be an exaggeration to say thatĪbsolute honesty in business and commerce is really an Islamic concept. Perfect honesty in business and truthfulness in trade are much emphasised by the Holy Indeed, a true Islamic society is based upon honesty, justice and fraternity,Īnd is absolutely intolerant of dishonesty in all its various forms. Islam censures politicalĬhicanery and economic exploitation as strongly as social excesses and individualĭishonesty. Its laws are as effectively operative in our commerceĪnd politics as in our domestic life and social relations. Merely a body of dogmas or a bundle of rites and rituals it is a practical code which Private affair, which has nothing to do with his economic and political life.

It is not to be regarded, like the modern man's religion. It is because Islam is a religion which regulates and directs life in all itsĭepartments. Honesty in commercial dealings is more strictly enjoined by Islam than by any SAHIH MUSLIM, BOOK 10: Transactions (Kitab Al-Buyu') Translation of Sahih Muslim, Book 10:

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