Drawing on original sources found in the first century of Islam and guided by contemporary developments in the field of business ethics, this book offers Islamic perspectives on ethical conduct in the marketplace: what organizations and other market actors do to deal with monumental challenges in today s market. The book outlines a framework for business ethics and offers a theory for understanding market ethics. Throughout the book, subjects covered underscore the necessity of ethical conduct and shed light on the interplay of several forces that shape ethical perspectives and morality in the workplace. The book creatively addresses the history and theory of ethics in the marketplace. It also discusses Islamic ethical perspectives in the context of Judaism and Christianity. Likewise, it outlines what companies working in the Muslim environment have to undertake to sustain their competitive advantage. The book, therefore, is of interest to business managers, researchers, policymakers, and students of organization and religion. Contents: 1. The Meaning and Scope of Business Ethics in Islam 2. Sources of Ethical Problems in Business 3. Islamic Ethics and Free Market Economy 4. Ethics and Profit Making 5. Leadership 6. The Ethics of Banking and Financial Services 7. Organization and Work 8. Marketing Ethics and Consumerism 9. Ethics and Human Resource Management in Modern Organizations 10. Social Responsibility and Sustainability Bibliography Index

Create a successful strategy for competition in the global marketplace Globalization of Business: Practice and Theory will give executives and business students a current, in-depth look at ways to become globally competitive in today's complex market. This essential guide offers you insight into issues every global businessperson needs to understand, such as the practice and theory of globalization, the nature of the global business environment, the roles of global corporations, strategic approaches for global business, and global leadership. By identifying competitive and innovative practices, networks, and alliances, Globalization of Business will help you become a successful leader in the global business community. This vital book contains new and updated information to help you and your company play a profitable and integral part in the international marketplace.Comprehensive and thorough, Globalization of Business will assist you in understanding the significance and challenges of globalization for today's companies. Using proven research and actual strategies of top corporations, this reference covers pertinent information about the global context of business. This book: explores the world's current economic, cultural, technological, and environmental affairs examines competitiveness at national and firm levels and outlines steps that competitive organizations undertake to sustain their advantage discusses and analyzes strategies for effective business performance identifies the roles of CEOs and gives a framework for identifying global managers evaluates the prospects for sustaining global leadership and shows the differences between global leadership and hegemony outlines the necessary steps for creating an integrated global economy Covering general and specific issues, this guide explains assumptions and theories of globalization in order to help you approach global issues with flexibility, attentiveness, and confidence. Globalization of Business will enable you to avoid common pitfalls and build a successful global firm that will benefit the entire business community.

The dynamics of the global business environment necessitate that organizational assumptions and underpinnings are understood in their socio-cultural context. This pioneering book covers issues related to Islamic assumptions about organization and management, enabling readers to understand the challenges in managing corporations that operate in an Islamic environment. The author provides an original and up-to-date treatment of management orientations and practices in Muslim countries and provides pertinent information about the frame of reference for Muslims and Muslim organizations. Relying on classic interpretations of organizational issues without ignoring contemporary thought, the author uses original sources and extensive business, psychology, sociology, and religious references to highlight the orientations and practices that lead to superior performance in a Muslim environment. He goes on to identify both organizational and societal attributes that are essential for effective relationships at the workplace, underscoring the peculiarities of personal relationships and their tremendous influence on organizational expectations and conduct. Scholars and practitioners who specialize in business, economics, international relations, religion, and sociology will find this book a necessary resource for broadening their understanding of the religious and cultural aspects of conducting business across cultures. The comprehensive and original coverage of the book will prove useful in understanding business, cultural, and philosophical issues related to the Islamic World.

This book is a collection of thought provoking and timely readings on a topic of increasing importance; business ethics in Islam. The chapters provide an excellent review and integration of diverse literature on Islamic business ethics within contemporary frameworks. The chapters are also an excellent source for ideas on future research projects. I would highly recommend this book for students of not only business morality and ethics, but also for those interested in comparative and cross-cultural management.' - Ahmed Amin Mohamed, German University in Cairo, Egypt'This landmark book of readings on the subject of Islamic Business Ethics edited by Professor Abbas Ali is a true gem. Unlike most volumes that are edited, this Handbook reads like a truly integrated wholeness of symmetry. The topics covered including those of individual rights, marketing ethics, and financial conduct are most germane in helping to understand the international business arena. Professor Ali's striking introduction to the topic - as well as the reflections of the top scholars regarding the topic - make this book superb. I highly recommend this treatise to executives and scholars and as required reading in Business Ethics courses in both undergraduate and graduate Schools of Business.' - Douglas M. McCabe, Georgetown University, US 'An intriguing journey into an important subject that is often neglected in the Muslim World. This collection represents a perspective on business ethics necessary for scholars and Muslim researchers to familiarize themselves with original Islamic precepts in the marketplace. Indeed, this Handbook is a must read and it is needed in a world where greed and material gains have increasingly become a motivational factor.' - Abdulrahman Al-Aali, King Saud University, Saudi Arabia The Handbook of Research on Islamic Business Ethics is an essential source for policymakers and researchers to gain an understanding of pressing ethical issues in the Islamic business world. The primary objective is to provide readers with an insight into the ethical principles that govern Islamic business conduct. These principles are articulated with a view to evaluating whether business actors uphold their social responsibilities and are committed to ethical values in their conduct. Exploring the interweaving relationship between Islamic business ethics and the market, this Handbook examines the critical role that ethics can play in ensuring that business thrives. It offers theoretical perspectives on research and goes beyond the conventional treatment of Islamic ethics. It debates important market issues and asserts that social actors in the Islamic business world should be cognisant of these issues so as to behave in a moral and responsible manner. Implications for researchers and for market conduct are illuminated. Readers wanting to familiarize themselves with day-to-day Islamic business ethics will find this Handbook an invaluable guide. Contributors: I.-ad-D. Ahmad, A.J. Ali, S.M.Al-Taee, M.A. Choudhury, D. Dajani, S. Elfakhani, T.A. Hojjat, M. Khan, S. Mazen, R. Mir, H.G. Rammal, H. Shahpari, Y.M. Sidani, J.A.J. Wilson, S.G. Yaseen, L. Zakariyah

For the last 60 years, Saudi Arabia has assumed a vital economic role and has been situated on the center stage of the global economic and political scene. While the market was once dominated by American and British firms, and later Japanese corporations, Korean and Chinese companies have now aggressively entered the market and have posed serious challenges to entrenched multinational corporations. The Saudi market has newly become an arena for unbridled competition. As companies must adapt and embark on creative means to sustain their positions in dynamic markets, multinational corporations must also find a comprehensive approach to dealing with cultural and political developments. Having a competitive edge demands familiarity with market nuances and peculiarities in addition to providing quality product and service. Business and Management Environment in Saudi Arabia is not primarily about how to conduct business in the region, but rather it provides insightful information to optimally guide western managers in conducting their operations in Saudi Arabia. The book offers essential information to engage effectively, manage business activities, resolve cultural understandings, and tackle appropriate issues of group dynamics, human resource management, managing change, and development and relations with the government and the general public. As such, it is required reading for both business leaders and academics alike.

For the last 60 years, Saudi Arabia has assumed a vital economic role and has been situated on the center stage of the global economic and political scene. While the market was once dominated by American and British firms, and later Japanese corporations, Korean and Chinese companies have now aggressively entered the market and have posed serious challenges to entrenched multinational corporations. The Saudi market has newly become an arena for unbridled competition. As companies must adapt and embark on creative means to sustain their positions in dynamic markets, multinational corporations must also find a comprehensive approach to dealing with cultural and political developments. Having a competitive edge demands familiarity with market nuances and peculiarities in addition to providing quality product and service.

Business and Management Environment in Saudi Arabia is not primarily about how to conduct business in the region, but rather it provides insightful information to optimally guide western managers in conducting their operations in Saudi Arabia. The book offers essential information to engage effectively, manage business activities, resolve cultural understandings, and tackle appropriate issues of group dynamics, human resource management, managing change, and development and relations with the government and the general public. As such, it is required reading for both business leaders and academics alike.

Drawing on historical evidence and the Islamic instructions, Sectarianism in Islam: Power, Tribalism and Commercial Interests provides readers with the knowledge needed to recognize that sectarianism is and has long been an effective instrument for manipulation, endorsed and utilized by powerful players. The book is a careful reflection on and exploration of a subject that has fundamentally changed the course of action for various political and ambitious actors. The book challenges readers to place events in their historical and social contexts, without ignoring the existing political maneuvers. Furthermore, it underscores the power of the mind in the rise of Islamic civilization. The author provides powerful arguments essential for understanding the interplay of various actors who have exploited sectarianism to enhance their positions and achieve their goals. Several evolutionary stages of sectarianism are identified. Though tribal conflicts took place before the inception of Islam, after the rise of Islam rivals projected themselves as religiously motivated. In recent years, two powerful players have espoused contradictory allegiances, which have further divided the Muslim world. The book, in fact, shows that the past and the present are alive and that they profoundly shape the memories of various communities today, and possibly for many decades to come. Sectarianism in Islam: Power, Tribalism and Commercial Interests challenges you to let go of common myths, assumptions and uninformed beliefs that have been treated as given facts. The book addresses certain difficulties and setbacks that are pressing social and political actors to shoulder their responsibilities in the face of misconstruction and destructive strategies that have led to tragic events. Indeed, the book is not only a relevant work of scholarship, but it is also a practical call to enhance civility in conduct and circumvent pointless conflicts.