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D.

Islam;
Ethics
from the
Qu’ran
Kind Dealings
Major Principles of Fair Business
Dealings According to Islam
1. No Fraud or Deceit
2. Sellers must avoid too many oaths when
selling merchandise
3. Mutual consent is necessary
4. Be strict in regards to weights and
measures
5. The Prophet forbade Monopolies.
6. Free enterprise, the price of the
commodities should not be fixed.
7. Hoarding merchandise in order to
increase the price is forbidden
8. Transaction of haram items, such as
intoxicants, are forbidden
The Prophet general advice to
people:

Lawful Unlawful

Clear
Business People Role and Responsibilities:
1. Globalization should mean that all people are
considered to comprise one family.
2. The resources on Earth are not only for us.
3. We should use the Earth’s resources with great
care.
4. Human beings are one family.
5. The universal golden rule state “ like for others
what you like for yourself”.
Business People Role and Responsibilities:

6. Business should promote the ethical standards


in their enterprise.
7.We should also promote more political freedom,
open debates, participatory democracies.
8. We should encourage and support educational
system that promotes openness, dialogue and that
which guards against fanaticism.
2. Honesty
3. TRUTHFULNESS

Speaks:
truth & Speaks:
Describe: truth &
The defects Describe:
&qualities of The defects
goods &qualities of
goods
4. Proficiency

The prophet said “ if you Kill,


Kill well; and if you Slaughter
,Slaughter well.
HINDUISM
: NON-
VIOLENCE
HINDUISM
 Estimated 950 millions of people
practice Hinduism, mainly in INDIA
 3rd religion in the world
ETHICAL PRINCIPLE OF
HINDUISM
 Ahimsa (Non-violence)
 Detachment (Abandonment of the fruits of action)
 Truthfulness
 Not to steal
 Self-control
 Discipline
 Appropriate words and thoughts
 Motivation to achieve the goals
HINDUISM is based on the four pillars of
DHARMA (WAY OF LIFE), ARTHA (WEALTH AND
PROSPERITY), KAAM (DESIRES)and MOKSHA
(NIRVANA).

 KARMA (ACTION) one of the salient features of


HINDUISM and teaching of Gita.
 MAHABHARATA critically examines the role of the
leader.
 SCRIPTURE lend great importance to the study of
“ARTHA”.
FIVE CORE TATA VALUES THAT UNDERPIN
THE WAY THEY DESCRIBE THEIR BUSINESS
PROCESSES:

 INTEGRITY
 UNDERSTANDING
 EXCELLENCE
 UNITY
 RESPONSIBILITY
BUDDHIS
M:
MAXIMS
FOR
BUSINES
BUDDHISM is an ancient philosophical system that
follows the teachings of the BUDDHA.

 Estimated 350 to 500 million practitioners and believers


worldwide.
 Emphasizes the cultivation of mindfulness and values a
spiritually minimalistic worldview, eschewing dependence
and worldly attachment.
 Buddhist business practices and maxims can be beneficial
to the decision-making process in the workplace, but you
don’t have to be a guru in order to take away something
meaningful from Buddha’s teachings.
GAUTAMA BUDDHA
1. WORK HARD, NO EXCUSES
“Too cold, too hot, too late” 4. Follow the Eightfold path
2. WORK HARD BUT REST WELL PRAJǸ A DITTHI
“None can live without toil” PRAJǸ A SANKAPPA
SILA VACA
3. BE MINDFUL SILA KAMMANTA
“You will always be getting SILA AJIVA
praise and blame, but do not let SAMADHI VAYAMA
either affect the poise of the mind: SAMADHI SATI
follow the calmness, the absence of SAMADHI SAMADHI
pride”
5. DISCOVER YOUR WORLD
“Your work is to discover your world and then with all your heart
give yourself to it”
6. SERVE OTHERS
“The most valuable service is one rendered to our fellow humans”
7. ENGAGE
“Every individual has a responsibility to help guide our global
family in the right direction. Good wishes are not sufficient; we must
become actively engaged”
8. BE AT PRESENT
“Do not dwell in the past, do not dream of the future, concentrate
the mind on the present moment”
9. EMBRACE CHANGE
“You can only lose what you cling to”
10. Take one step at a time

“ a Jug fills drop by drop”.


THANK YOU
FOR
LISTENING!!
WOW !
HABA !!
Da End !!
huehue