Islamic Perspectives on Profit Maximization

Journal of Business Ethics 117 (3):467-475 (2013)

Abstract
Ethical considerations, especially those religiously driven, play a significant role in shaping business conduct and priorities. Profit levels and earnings constitute an integral part of business considerations and are relevant and closely linked to prevailing ethics. In this paper, Islamic prescriptions on profit maximization are introduced. Islamic business ethics are outlined as well. It is suggested that while Islamic teaching treats profits as reward for engaging in vital activities necessary for serving societal interests, profit maximization is not sanctioned and therefore should not be the goal of ethically guided business ventures
Keywords Profit maximization  Islamic ethics  Islamic perspectives  Business ethics  Islamic logic  Stakeholder theory
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DOI 10.1007/s10551-012-1530-0
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Business Ethics at the Millennium.R. Edward Freeman - 2000 - Business Ethics Quarterly 10 (1):169-180.

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