In the era of globalization, various offenses in business ethics committed by Muslim traders or A highly pertinent question is the role of faith and religious beliefs on ethical business practices in a community. Islam, Commerce, and Business Ethics Imad-ad-Dean Ahmad Minaret of Freedom Institute Plenary address at the Loyola Institute for Ethics and Spirituality in Business International Ecumenical Conference (June 10-12, 2004) INTRODUCTION Islam is the only major world religion founded by a businessman, although, in a sense, ... Prophet Mohammed (The Hadith). Instead, they are based on a very strong ethical basis. Business Etiquette and Ethics in Islam TAKING TRADE as a means of earning livelihood is encouraged in Islam. Values and Ethics in Islam. This study focuses mainly on widely accepted principles and norms relating to business ethics as stipulated in the two primary sources of Islam. A Muslim realizes that every business transaction is a question of morals and ethics. That is why al-Ghazali said stress on a clear understanding of the rules and laws governing business transactions as a necessary prerequisite to adopting trade or business as a profession. The same is true for each of other scripture based faiths. "The impetus is on you as a business activity in which there is nine-tenths of their livelihood." The Holy Prophet(peace be upon him) said: Take to trade, because there are nine portions in trade out of ten portions of provisions. Through this, it came to the conclusion that the concept of work ethics is part and parcel of the Islamic tradition when properly analyzed, especially through the Hadtith traditions, and it can serve its purpose in the work place as is the case in the Judeo-Christian traditions. Hadith of the Prophet Muhammad (saws) in English and Arabic The Chapters on Business Transactions - Sunan Ibn Majah - Sunnah.com - Sayings and Teachings of Prophet Muhammad (صلى الله عليه و سلم) THE term ‘business ethics’ refers to the behaviour that a business organisation is supposed to adhere to in its interaction with society, transactions with customers and in its internal affairs. Some general guidelines govern the Islamic code of ethics with relation to both one’s daily life and business conduct. Business dealings in Islam are not simply a matter of getting ahead in this world. They are not cutthroat competition or taking advantage of others. 2. Keywords: Work, Ethics, Islam, Hadith, Prophet, Introduction Muslims are required to behave Islamically in their business dealings because Allah Himself is witness to their transactions: Among the Prophet's hadith other means. (Narrated by At-Tirmizi). 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