Islamic Ethical Principles and the Objectives of Islamic Law

Islamic legal principles are attached to certain ethical and moral principles, which links them to both the Sustainable Development Goals and the environmental, social, and governance (ESG) criteria. The main ethical principle is complementarity and unitarity, which suggests that all the stakeholders should be treated equally, and their interests must be considered in a fair and just manner. This is extended with justice, which is considered as a must outcome in any business activity and financial transaction. In case of justice cannot ensure the expected distribution in society, then beneficence for balance comes into play as a normative principle.

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