Business Ethics

Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. These ethics originate from individuals, organizational statements or from the legal system.

183979

Workplace . Business Ethics

Can I reach out to the clients I previously connected with while working in a service-based business and request them to engage my services for my new venture in the same field?

Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 1 year ago

Yes if you did not have a commitment to your previous employers not to contact their customers.

Wassalam.

184835

Sin . Art . Business Ethics

Is it permissible to resell story books that include elements such as romance, arts, pictures, and sci-fi?

It depends on the content of the book. If the book does not contain any harmful material, then it is permissible to sell it, but if it does contain any type of harmful material, like immorality, doubts about real Religion, criminal tricks etc, then it will not be permissible to sell it.

Wassalam.

178288

Doubt . Investment . Business Ethics

Is it permissible to invest in a fund or index that invests in many companies, some of which deal with Halal items, but there is doubt that some companies may be involved in Haram businesses?

It is not allowed to invest in a fund or indent which invests even partly in unlawful business like usury, alcohol, gambling etc.

'Wassalam.

151476

God (Allah) . Ahl al-Bayt . Business Ethics

Is it permissible for me to name my tea stall, coffee shop, or any of my businesses after the name of Allah or the 14 Infallibles?

It is allowed to name your business after any holy name as far as the full respect of the holy name is kept. Sometimes some mistakes in the business can cause disrespect by some unhappy customers. In general, we should always keep the full respect of the holy names and never expose it to business ups and downs.

Wassalam.

52252

Business Ethics

What is the Islamic position in a situation where I sell something and a person offers to pay for it and he tells me he's going to pay me that night, but then I end up selling it to somebody else even though I promised I was going to wait?

The Muslim is supposed to fulfill his promise.

If sale has been agreed, then it become obligatory on both parties to fulfill what they agreed upon.