U-14 The Importance of Ethics in Trade and Economy in the Light of Judaism, Christianity and Islam

The three heavenly religions i.e. Judaism, Christianity and Islam are based on divine revelation. They associate great importance to ethical and moral values and bind man to disciplined life especially while doing a business. The basic teachings of all three religions regarding trade and economy emphasize fairness and truthfulness in business dealings, discourage any fraudulence, encourage fair dealing with both employees and customers, and strongly prohibit usury or interest for its being unfair. This article outlines such values and also deals with them analytically and comparatively.