Page 148 - Pure Life 25

Applying Islamic Values of Management … A.H Khichi1 and S.R.H Razavi/ 147

and morality. It was damaged financial system to the Islamic
when the morality or moral society because it governed
business practices were almost every section of the
attacked due to un-Islamic and Muslim world including
unethical business practices all spirituality, economics, political
over the world. and social life and faithful
The questions on ethical execution of their duties based
business practices have on Islamic values and
increased in the recent years managerial practices.
and highlighted the need for The Sharia compliant
Islamic values and managerial principles on Islamic values
practices to overcome these were promoted in the society
issues by creating managerial to improve justice and welfare
welfare, equality and justice in mechanism in the society to
the society. seek God’s blessings, with
Prophet Mohammad also ultimate objective to achieve
stressed the need to create success in this world and
fairness in business and hereafter. (Haniffa and
political systems of the society Hudaib, 2007)
to encourage equality, justice
and brotherhood in the society. - Freedom of Thought
Honesty and transparency to and Justice
work was required in business Islam provides complete
transactions to provide profitability freedom to everyone in the
to everybody involved in society or in the business
business environment. The world to share their opinions
fairness and justice was with others. The Islamic
stressed to create equality society is based on
among business owners and brotherhood and equality and
their customers. practicing managers are guided
Islam provided a Sharia by the principles of Islam to
compliant banking and create healthy workplace