Islamic Business Ethics Practice among Muslim Entrepreneurs in Kano Metropolis, Nigeria

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Published: Sep 2, 2020
DOI: https://doi.org/10.18196/ijief.3233
Keywords:
Islamic business ethics, Legal factors, Organizational Factor, Individual factor, structural equation modelling

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Sagir Muhammad Sulaiman
Bayero University, Kano. Nigeria
Aliyu Dahiru Muhammad
Bayero University Kano
Tasiu Tijjani Sabiu
Northwest University Kano

Abstract

There are persistent increasing number of scenarios in Singer and Dawanau markets of Kano metropolis which are seen as unethical among which includes deception, inappropriate weight and measures, hoarding and price manipulation as well as false-swearing to support a sale. This study therefore assesses the determinants of Islamic business ethics practices among Muslim entrepreneurs in Kano metropolis, Nigeria. Structural Equation Modelling (SEM) technique is employed in analysing the hypothesized model of the study. The results indicate that entrepreneurs fairly adhere to Islamic business ethics practice while legal and organizational factors significantly affect Islamic business ethics, but Individual factors do not. The study recommends the need for Kano State Ministry of Commerce and Industry in collaboration with market organizational leaders to engage in public enlightenment on the importance of business as an act of worship (Ibadat). It was suggested that organization leaders i.e. Market leaders (trade union leaders) should liaise with Kano state Shariah Commission to set standard for Islamic business ethics whereas Hisbah Board to enforce compliance. The study further suggests that the concept of ethics should be incorporated in teaching and learning curriculum.

Article Details

How to Cite
Sulaiman, S. M., Muhammad, A. D., & Sabiu, T. T. (2020). Islamic Business Ethics Practice among Muslim Entrepreneurs in Kano Metropolis, Nigeria. International Journal of Islamic Economics and Finance (IJIEF), 3(SI), 33–62. https://doi.org/10.18196/ijief.3233
Issue
Vol. 3 (2020): IJIEF Vol 3(SI), Special Issue: Islamic Social Finance and Ethics
Section
Articles

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Author Biography

Sagir Muhammad Sulaiman, Bayero University, Kano. Nigeria

International Institute of Islamic Banking and finance (IIIBF)

Post-Graduate Scholar

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