by Ekrem Duman | Jun 26, 2026 | Finance, Islamic Trade Ethics
Islamic rules of trade are built around consent, transparency, fairness, lawful subject matter, and respect for the rights of both parties. In business, these rules help ensure that sales, purchases, contracts, and commercial relationships are based on genuine...
by Ekrem Duman | Jun 26, 2026 | Finance, Islamic Trade Ethics
Haram income in business refers to revenue or benefit earned through activities, contracts, or methods that violate Islamic principles. This may include income from prohibited goods or services, riba, gambling, fraud, deception, bribery, exploitation, stolen property,...
by Ekrem Duman | Jun 26, 2026 | Finance, Islamic Trade Ethics
Halal income is income earned through lawful, ethical, and permissible means according to Islamic principles. For a business, this means more than selling a product that is technically allowed. It also means earning revenue through honest trade, clear contracts, fair...
by Ekrem Duman | Jun 26, 2026 | Finance, Islamic Trade Ethics
Prophet Muhammad business ethics offers a powerful model for modern companies because his trading life emphasized trust, honesty, fairness, reliability, and respect for the rights of others. Before prophethood, he was known for integrity and was trusted with...
by Ekrem Duman | Jun 26, 2026 | Finance, Islamic Trade Ethics
Islamic business ethics is a practical framework for running a company with honesty, fairness, trust, accountability, and social responsibility. It is not limited to religious slogans or personal piety. In business, Islamic ethics affects pricing, contracts, wages,...