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Applying Islamic Values of Management … A.H Khichi1 and S.R.H Razavi/ 137
values and managerial justice, peace and stability to the
practices in Islamic society, local residents.
Muslim individuals and their Prophet Mohammad established
families could achieve a Shariah compliant principles
successful family life, business, in Islamic society and guided
government and political His companions to obey Him
environment of the Muslim without questioning.
states. The Holy Quran becomes
The Islamic values and the source of guidance for
management practices are common people and the
found to be essential for Islamic values and management
businesses and society as a practices were based on work
whole to bring about quality of ethics and sayings of Prophet.
living and transformation. The Islamic values stressed
Islamic management model on increased learning and
could be effectively used and developing skills for ensuring
implemented to resolve good work for the organizations
various managerial issues and and the society to benefit the
work practices. Over the community. Islamic business
period of time, different practices were based on selling
countries around the world goods and services based on
have adopted effective ethical and moral principles
management systems based on without deceiving their customers.
Islamic values and managerial The Islamic values never
practices introduced by great allowed unethical practices in
Muslim leaders like Imam Ali. the social, economic and
The principles of Islamic political system and strongly
values and management recommended Muslims to stay
practices could be traced back to away from gambling, fraud
the time of Prophet Mohammad and deceit. At the same time,
when he established Islamic non-Halal products and
society in Makkah to provide services were strongly
