| Publication type: | Book part |
| Type of review: | Editorial review |
| Title: | Islam and conscious capitalism |
| Authors: | Hemissi, Omar Dia-Eddine, Khaldoun |
| et. al: | No |
| DOI: | 10.1007/978-3-031-10204-2_15 |
| Published in: | The spirit of conscious capitalism : contributions of world religions and spiritualities |
| Editors of the parent work: | Dion, Michel Pava, Moses |
| Page(s): | 273 |
| Pages to: | 292 |
| Issue Date: | 2022 |
| Series: | Ethical Economy. Studies in Economic Ethics and Philosophy |
| Series volume: | 63 |
| Publisher / Ed. Institution: | Springer |
| Publisher / Ed. Institution: | Cham |
| ISBN: | 978-3-031-10203-5 978-3-031-10204-2 |
| Language: | English |
| Subjects: | Islam; Conscious capitalism; Stakeholder; Ethical principle; Religion; Gesellschaft; Wirtschaft |
| Subject (DDC): | 200: Religion 330: Economics |
| Abstract: | Islam unites believers around fundamental principles rooted in the very foundations that characterize the fundamental values of humanity. Freedom of initiative, business development, and optimizing growth are objectives that are both legitimate and encouraged as long as they are deployed in a unifying economic context that combines wealth creation with equity and justice, positive social impact and favorable influence on stakeholders. In Islam, consciousness is first and foremost an imperative requirement in the behavior of every believer. It therefore constitutes a foundation in the conduct of relations with individuals and organizations. Ethical principles are thus anchored values that must frame any action or transaction. The search for profit is transcended by the “Zakat”, as a contribution to social balance, the commitment to all stakeholders prevails over commitment to shareholders, the leadership of the leader is strongly oriented towards the satisfaction and inclusive approach of other parties. The same applies to integrity, probity, and loyalty. The modern framework for Islamic finance is today the most edifying example in terms of moralization of the act of investing, saving, undertaking, or forming partnerships. This contribution aims to show the convergence between the values and precepts of Islam and the foundations of conscious capitalism and proposes an oriented and critical reading to explain this convergence, while emphasizing the rules and practices that guide the behavior of the individual as well as his activities, relationships, and transactions. |
| URI: | https://digitalcollection.zhaw.ch/handle/11475/28575 |
| Fulltext version: | Published version |
| License (according to publishing contract): | Licence according to publishing contract |
| Departement: | School of Management and Law |
| Organisational Unit: | International Management Institute (IMI) |
| Appears in collections: | Publikationen School of Management and Law |
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Hemissi, O., & Dia-Eddine, K. (2022). Islam and conscious capitalism. In M. Dion & M. Pava (Eds.), The spirit of conscious capitalism : contributions of world religions and spiritualities (pp. 273–292). Springer. https://doi.org/10.1007/978-3-031-10204-2_15
Hemissi, O. and Dia-Eddine, K. (2022) ‘Islam and conscious capitalism’, in M. Dion and M. Pava (eds) The spirit of conscious capitalism : contributions of world religions and spiritualities. Cham: Springer, pp. 273–292. Available at: https://doi.org/10.1007/978-3-031-10204-2_15.
O. Hemissi and K. Dia-Eddine, “Islam and conscious capitalism,” in The spirit of conscious capitalism : contributions of world religions and spiritualities, M. Dion and M. Pava, Eds. Cham: Springer, 2022, pp. 273–292. doi: 10.1007/978-3-031-10204-2_15.
HEMISSI, Omar und Khaldoun DIA-EDDINE, 2022. Islam and conscious capitalism. In: Michel DION und Moses PAVA (Hrsg.), The spirit of conscious capitalism : contributions of world religions and spiritualities. Cham: Springer. S. 273–292. ISBN 978-3-031-10203-5
Hemissi, Omar, and Khaldoun Dia-Eddine. 2022. “Islam and Conscious Capitalism.” In The Spirit of Conscious Capitalism : Contributions of World Religions and Spiritualities, edited by Michel Dion and Moses Pava, 273–92. Cham: Springer. https://doi.org/10.1007/978-3-031-10204-2_15.
Hemissi, Omar, and Khaldoun Dia-Eddine. “Islam and Conscious Capitalism.” The Spirit of Conscious Capitalism : Contributions of World Religions and Spiritualities, edited by Michel Dion and Moses Pava, Springer, 2022, pp. 273–92, https://doi.org/10.1007/978-3-031-10204-2_15.
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