Islamic Ethical Business Implementation on Family Firm

Wulandari Harjanti, Roy Sumaryono, Teguh Hardijanto and Ali Farhan
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Wulandari Harjanti: Sekolah Tinggi Ilmu Ekonomi Mahardhika
Roy Sumaryono: Sekolah Tinggi Ilmu Ekonomi Mahardhika
Teguh Hardijanto: Sekolah Tinggi Ilmu Ekonomi Mahardhika
Ali Farhan: Sekolah Tinggi Ilmu Ekonomi Mahardhika

International Journal of Research and Innovation in Social Science, 2023, vol. 7, issue 10, 1492-1501

Abstract: Business is a reflection of human behavior, as advised by Ummar RA, that we do not know someone before we do it; journey (travel), muammalah (business), and amanah (trust). Business as part of muammalah that must be fulfilled by every Muslim based on ethical and sharia guidelines, using a qualitative approach, this research reveals the behavior of family companies in managing their business based on Islamic ethical values. This research discusses the object of this research, raising justice as the main ethical value that drives all management’s strategic choices in running a business and is able to explain the objectives that exist from various ethical points of view and sharia demands, the management of Karnevor Culinary Indonesia raises one consistent behavior, namely justice.

Date: 2023
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