Corporate Social Responsibility in Islamic Law: Labor and Employment
Yonsei Law Journal, Vol. 2 No.1, May 2011
30 Pages Posted: 13 Jun 2011 Last revised: 28 Jun 2011
Date Written: May 1, 2011
Abstract
Islam is not only a way of worship; but also, an entire legal, economic, social, political, and commercial system. Hence, it affects every day behavior of its followers including business transactions. Also, Islamic law, almost, dominates most of the Muslim countries’ internal legal systems. Considering how Islamic business ethics affect corporate social responsibility can be useful to multinational corporations making their investment decisions in Muslim countries. This article discusses the general framework governing business ethics in Islamic law, giving perspective to labor standards.
Keywords: corporate social responsibility, business ethics, labor, employment, Islam, Islamic law, Shari'a, human rights, comparative law, commercial law, religion, Middle East, Arab
JEL Classification: K29
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