Business Ethics in Islam is a comprehensive 14-week course that delves into the ethical principles governing business practices within an Islamic framework. This course provides a critical examination of how Islamic ethics are integrated into contemporary business practices, including finance, trade, contracts, and corporate responsibility.
Overall Objectives:
By the end of this course, students should be able to:
- Understand the core principles of Islamic business ethics.
- Apply Islamic ethical teachings to modern business practices.
- Assess the compatibility of contemporary business models with Islamic moral and legal standards.
- Analyze case studies of Islamic finance and commercial transactions.
- Evaluate the impact of Islamic business ethics on global economic systems.
- Advocate for ethical business practices in line with Islamic teachings.
- Develop frameworks for ethical decision-making in business scenarios.
- Explore the role of Islamic financial institutions in promoting ethical business.
- Examine the influence of Islamic business ethics on consumer rights and corporate governance.
- Engage with current debates on the challenges and opportunities for Islamic business ethics in a globalized economy.
Curriculum
- 14 Sections
- 0 Lessons
- 14 Weeks
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- Week 14 – Capstone ProjectSynthesize course knowledge to create a comprehensive business plan or ethical guideline proposal for an Islamic business venture.0
- Week 1: Introduction to Islamic Business Ethics – Establish a foundation in Islamic ethical principles as they apply to business.0
- Week 2: Historical Perspectives – Study the development of Islamic business practices over time.0
- Week 3: Principles of Islamic Finance – Understand the prohibition of usury and the promotion of risk-sharing.0
- Week 4: Islamic Contracts and Transactions – Explore the ethical dimensions of Islamic contracts and business transactions.0
- Week 5: Corporate Social Responsibility – Analyze CSR within the context of Islamic ethical teachings.0
- Week 6: Islamic Marketing Ethics – Delve into Islamic principles guiding advertising, sales, and marketing.0
- Week 7: Ethical Leadership – Examine the role of leadership and ethics in Islamic business.0
- Week 8: Consumer Rights in Islam – Discuss the Islamic perspective on consumer protection and rights.0
- Week 9: Halal Certification – Understand the ethical and legal aspects of Halal certification in business.0
- Week 10: Islamic Banking Products – Study the structure and ethical implications of various Islamic banking products.0
- Week 11: Case Studies: Islamic Finance – Analyze real-world case studies of Islamic financial institutions.0
- Week 12: Economic Justice in Islam – Explore the concept of economic justice and its application in the business world.0
- Week 12: Economic Justice in Islam – Explore the concept of economic justice and its application in the business world.0
