CULTURAL BUSINESS ETHICS FROM ISLAMIC BUSINESS MODEL AND CURRENT TRADING CHALLENGES

There can be no rule of law, societal reform, common interest, or economic growth without the practice ethical business practices. Muslims in today's fast-paced world face difficult choices and could benefit from a more refined understanding Islamic model. The global financial crisis may have been avoided if ethics were prominent practiced. For finance to live up its claims providing worldwide security high standards ethics, it must reflected all parts behavior. This will lead moral spiritual society as whole, when this is combined with creation goods services, further way life. From beginning, Islam—a major religion world—prescribed necessary norms principles for aspects life, including dealings. goal study examine lens through which cultural Current trading difficulties are also examined article. article delves into ideas on business, well guiding legal frameworks Islam. data used explain model help traders businessmen succeed current challenging situations come Qur'an, Hadith, jurisprudence, biography Holy Prophet (PBUH), history, quips companions Hazrat Muhammad (PBUH).