As Muslims, we have to adhere to ethical standards, not only in business but also in all aspects of life. Both business and ethics are interrelated. There is a reference to this point in the Qur’an: For you in the Messenger of Allah is a fine example to follow. (Al-Ahzab 33:21).

It is worth stressing here that when Muslims stick to ethics in their daily lives, they will become good examples to emulate in today’s world. They will help rectify some aspects of the distorted image of Islam in today’s world and thus they will become worthy ambassadors of their religion.

Allah Almighty says: And to the Madyan (Midian) people (We sent) their brother Shu’aib. He said: “O my people! Worship Allah, you have no other ilah (god) but Him, and give not short measure or weight. I see you in prosperity and verily, I fear for you the torment of a   Day encompassing.  And O my people! Give full measure and weight in justice and reduce not the things that are due to the people, and do not commit mischief in the land, causing corruption. (Hud 11:84-85)

Prophet Shu`aib (peace be upon him) was a great prophet of Allah. He was sent to the people of Madyan around the time of Prophet Abraham (peace be upon him). Prophet Shu`aib was sent among people who were very much involved in the business. These people were very proud of their business acumen and success, but they were dishonest. He told them to observe ethics in business. They became very angry with him and told him, “Don’t mix religion with business.” The Qur’an tells us that Allah’s punishment came upon those people and only Prophet Shu`aib and his followers were saved.

It is indeed important that every man must adhere to ethical standards in the business. Business and ethics are not separate, rather they are interconnected. Allah says in the Qur’an:“Indeed in the Messenger of Allah (Muhammad, peace be upon him) you have a good example to follow . . .(Al-Ahzab 33:21).

Prophet Muhammad (peace be upon him) was an ideal human being in every respect. He was the best teacher, preacher, and guide; the best statesman, lawgiver, judge, diplomat, negotiator of treaties, and military commander; the best family man, a good husband, a compassionate father and grandfather, a good neighbor, and friend of his people. He was also a very honest and successful businessman.

Prophet Muhammad was chosen by God to be His last Prophet and Messenger at the age of 40. Before that, he was very much involved in the business. He was born in Makkah, which was a popular trade center in Arabia. Caravans from Syria in the north and Yemen in the south used to pass by Makkah. Prophet Muhammad would join in these caravans. It is reported that he traveled to Syria, Yemen, Bahrain, and many other places in Arabia in these caravans. Some historians have also suggested that he probably traveled to Iraq and Ethiopia.