Business ethics in Islamic economics based on the Qur’anic perspective

Abstract

This article aims to analyze the application of Qur’anic verses concerning business ethics in Islamic economics to business practices. This study employs a qualitative method to provide a deep understanding of Islamic business ethics from the Qur’anic perspective. The primary data source consists of relevant Qur’anic verses, while secondary sources include academic literature and publications. Data were collected through a literature review involving journal articles and scholarly works related to Islamic economic ethics. The analysis was conducted using descriptive techniques to elaborate on the findings. The results show that Surah An-Naḥl verse 90 encourages justice and kindness, while Surah Al-Isrā’ verse 35 promotes fairness in measurement and scale, both of which are foundational ethical principles in business practices. Islamic business ethics requires adherence to both the substance and formal aspects of sharīʿah. The internalization of the Prophet Muḥammad’s noble character in daily business activities will facilitate alignment with Islamic principles.

Keywords: Qur’an; Business ethics; Islamic economics; Sharīʿah; Justice