Islamic business ethics in small and medium enterprises (SMEs) : an analysis

Mohd Zulkifli Muhammad, and Mohd Fadil Mohd Yusof, and Hanudin Amin, (2012) Islamic business ethics in small and medium enterprises (SMEs) : an analysis. In: 3rd International Conference on Business and Economic Research (3rd ICBER 2012) Proceeding, 12 - 13 March 2012, Golden Flower Hotel, Bandung, Indonesia..

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Abstract

Islamic business ethics is essential for SME industry. The challenge of Islamic business ethics is to make that inevitable ethical decision making explicit to make it better and in line with the Shariah principles. Far from being anti-business, ethics actually provides essential support for maximizing long-term business value. In an Islamic system, ethics and business are not only compatible but also inseparable because Islam is not just a religion. It projects a perfect way of life. A human manner and behavior in small and medium enterprises cannot be effectively clarified without references to the Islamic ethics which can manage it. Thus, this paper will discuss the issues pertaining to the concept of business ethics in Islamic perspective toward Small and Medium Enterprises (SMEs). This is because of their significant contribution in the Malaysian economics at large. Furthermore, this study also explains how SME could adapt the Islamic business ethics system in their day-to-day business activities.

Item Type: Conference or Workshop Item (Paper)
ISBN: 9789675705052
Keywords: Islamic business ethics - Small and Medium Enterprise (SME).
Faculty: Faculty of Entrepreneurship and Business
Deposited By: En. Pahmi Abdullah
Date Deposited: 17 Jun 2012 09:12
Last Modified: 04 Feb 2013 11:36
URI: http://umkeprints.umk.edu.my/id/eprint/491

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