MICA Nigeria career and Business month

Session Highlight

Islam prescribes specific guidelines regarding ethics in business. The 10 tenets of Islamic business Ethics include:

  • Halal earnings.
  • Trade through mutual consent.
  • Truthfulness in business transaction.
  • Trustworthiness in business transactions.
  • Generosity and leniency in business transactions.
  • Prohibition of sale of uncertainty & risks.
  • Exploitation of one’s ignorance of market conditions.
  • Cheating and fraud in business transactions.
  • Honouring and fulfilling business obligations .
  • Fair treatment of workers.
  • We should look for the best way to protect our clients and employees. “You are only as strong as your weakest link”.
  • Lastly, we should endeavour to educate our children about Islamic morals and ethics.

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