Ethics and social responsibility in islamic finance

Abstract

In this chapter, we will try to explore the ethics and social responsibility in Islamic finance from the roots of Shari’a and Quran. It is known that the economic responsibility of all companies is to offer goods and services so they can earn, as much profit is possible. But, what about ethics and social responsibility? According to Islamic rules companies has to fulfill these pillars. Except national laws, regulations, adapting to the world economy and globalization they must function according and respecting the Islamic Law. It is a request, not an expectation. Islamic Law it is a complete and entire code that provides rules and norms of life that are based on ethics and social responsibility.