Islamic Business Ethics and Sustainability: Building a Business Based on Trust and Justice

This study discusses the relationship between Islamic business ethics and sustainability in building a business based on trust and justice. Using the Systematic Literature Review (SLR) method, this study explores various academic literature from databases such as Scopus, Google Scholar, and ScienceDirect. The analysis was conducted to understand how the principles of Islamic business ethics contribute to sustainability and how aspects of trust and justice support responsible business practices. The results of the study show that Islamic business ethics, which are based on the Qur'an and Hadith, emphasize the principles of honesty, justice, and responsibility in every transaction. This principle not only ensures the economic sustainability of the business but also supports social and environmental welfare. Islam prohibits the practices of usury, gharar, and maysir which are considered detrimental, and encourages profit-sharing systems such as mudharabah and musyarakah. Although there are challenges in implementing Islamic business ethics, such as fierce competition and the dominance of the conventional economic system, solutions that can be applied include increasing Islamic financial literacy and building a transparent and equitable business ecosystem. By implementing these principles, businesses not only gain halal profits but also provide benefits to society and the environment in a sustainable manner

Authors

Institutions

Publication Details

Journal
Journal of Islamic Economy
Published
2025-03-25
DOI
https://doi.org/10.62872/9s215b08
Citations
1
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
3.91
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Islamic Business Ethics and Sustainability: Building a Business Based on Trust and Justice

Jamaluddin Jamaluddin, Putri Deflyanty S, Anwar Anwar, M. Ridwan Mappaterru
1 citations
Journal of Islamic Economy
Islamic Finance and Banking Studies
3.91
article

Islamic Business Ethics and Sustainability: Building a Business Based on Trust and Justice

Jamaluddin Jamaluddin, Putri Deflyanty S, Anwar Anwar, M. Ridwan Mappaterru
article en
1 citations

Abstract

This study discusses the relationship between Islamic business ethics and sustainability in building a business based on trust and justice. Using the Systematic Literature Review (SLR) method, this study explores various academic literature from databases such as Scopus, Google Scholar, and ScienceDirect. The analysis was conducted to understand how the principles of Islamic business ethics contribute to sustainability and how aspects of trust and justice support responsible business practices. The results of the study show that Islamic business ethics, which are based on the Qur'an and Hadith, emphasize the principles of honesty, justice, and responsibility in every transaction. This principle not only ensures the economic sustainability of the business but also supports social and environmental welfare. Islam prohibits the practices of usury, gharar, and maysir which are considered detrimental, and encourages profit-sharing systems such as mudharabah and musyarakah. Although there are challenges in implementing Islamic business ethics, such as fierce competition and the dominance of the conventional economic system, solutions that can be applied include increasing Islamic financial literacy and building a transparent and equitable business ecosystem. By implementing these principles, businesses not only gain halal profits but also provide benefits to society and the environment in a sustainable manner

Journal of Islamic EconomyVol. 2(1)
Universitas Muslim Indonesia (ID), Universitas Cokroaminoto Palopo (ID)
Openalex Percentile: Top 8%
Islamic Finance and Banking Studies
3.91
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.