CHRISTIAN AND MUSLIM ETHICS IN BUSINESS

Ciprian Beniamin Benea (), Adrian Negrea () and Daniel Tanc ()
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Ciprian Beniamin Benea: Department of International Business, Faculty of Economics, University of Oradea, Oradea, Romania
Adrian Negrea: Department of International Business, Faculty of Economics, University of Oradea, Oradea, Romania
Daniel Tanc: Radio Vocea Evangheliei, Oradea, Romania

Annals of Faculty of Economics, 2023, vol. 32, issue 2, 169-177

Abstract: By tackling the theme of ethics in business, we underline that some essential principles should be considered in any business at any level. During the centuries, trades and businesses involved Christians and Muslims, reflecting cultural and religious elements. As nowadays economy becomes more and more of a war weapon, it should be noted that, at least for Christians and Muslims, some norms govern any trade or business. Religious traits cannot be eliminated from business as they are rooted in human character. Not only do the Bible and the Quran present such principles, but these religions' holy books emphasize their importance in everyday life. Man is accountable to God and responsible for his business, and any part of economic life should reflect spiritual values. The paper exemplifies that specific requirements should be applied in business. Both religions are promoted honesty, generosity, and equity. In Christianity and Islam, there is a particular emphasis on protecting the orphan, the widow, the poor, the sick, and the vulnerable. Any business should take this into account. The Bible and the Quran are the ultimate standard and ideals for individuals in association with other members of society. Even if we speak today of a secular society, human values must be reflected from small businesses to multinational corporations. Socio-moral and metaphysical norms and values mainly influence economic systems. Every economic system of the world is different from other economic systems prevailing due to its distinct features. Therefore, if the businesses conducted by Christians and Muslims follow ethical rules, they can contribute to a better global economy.

Keywords: business; Christian ethics; Muslim ethics (search for similar items in EconPapers)
JEL-codes: A13 B55 N30 (search for similar items in EconPapers)
Date: 2023
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