scholarly journals Commerce Ethics of Muhammad PBUH’ and Universal Values in Era of Prophet Hood

2017 ◽  
Vol 7 (1) ◽  
pp. 49 ◽  
Author(s):  
Andi Suwandi

<p>Muhammad PBUH, primarily business along with his father since as early as his childhood. Whilst he grown up, he commenced to setup his own venture and also have a joint venture with Siti Khadijah based on mudharabah scheme. He is gifted with great wisdom in trading and has allowed him gaining great benefit through it. Due to his moral in trading, it leads to his marriage with Siti Khadijah. Unquestionably there were features on the ethics and morals in the trade that Muhammad PBUH has represented. A matter of concern was his morality that shown during trade leads to his marriage with Siti Khadijah who was initially his business colleague previously and what was the commercial strategy that empowers him to a vast profit during trading. Thus, this study endeavor to define and detail the ethics and morals in trading that has been shown by Muhammad PBUH prior his prophet hood. The results of this study display the conflicting fact in practices that has been applied amongst the community back at that time. His is abundant in honest, fairness, friendly and compassionate to the buyer, and never set up a high price, and also detail in transaction record consequential him loved by many people. Alongside the combination of his aptitude in negotiation and intelligence, he was proficient to “read” the market opportunities and learning cultural and geographical conditions of each target market led him to higher profits than other merchants. In addition, this study also articulated sixteen Muhammad PBUH’ universal values in commerce  such; honest, trustworthy, fair, polite and affectionate in trade, buy-sell applies only based on mutual consent, not involved in usurious practices', only legitimate and permitted item that will sell, avoid argument with partners and buyers, no oath in the name of idols, hoarding the goodies (<em>ikhtisar</em>) is not allowed, damaged item’ replacement policy, avoid competition on price, small profits is acceptable, pay his employee as soon as the job is done, always record transaction, and be generous. Those ethics and values actually resemble to such practice by Islamic merchants to highlight Islamic values in commerce nowadays.</p><p> </p><p><strong>Keyword</strong>: <em>Trading Business Ethics, Muhammad PBUH, prior to prophet hood.</em></p><p><em> </em></p>

Author(s):  
Sunil Kumar ◽  
Devendra Kumar Meena ◽  
Vishnu Shankar Meena

The concept behind Farmer Producer Organizations is that farmers, who are the producers of agricultural products, can form groups and register themselves under the Indian Companies Act 1956. The aim is to enhance farmer’s income, capacity building, competitiveness, and increase their advantage in emerging market opportunities. To examine the role of farmer producer organization in enhancing farmers, a case study was conducted in Karnal District of Haryana. Study the management and governance system of FPC and assess the impact of FPC on members was the objective of the case study. Personal interviews and group discussion methods were used for data collection and gathering information on FPC. Mishti farmer producer organization was established on 25 march 2013 for collecting, processing, and marketing milk and milk products. It covered eight villages of Karnal and collect raw milk from members and non-members farmers at high price than other value chain actors. The result of the study indicate that farmer who supplies milk to FPC, get 8-10 rupee per lit high price than others. It also provides bonus to member farmers who are shareholders of the company and their income from dairy farming is enhanced by 25-30 percent. FPC also plays a significant role in enhancing the backward and forward linkage of farmers and capacity building of farmers in different agricultural aspect.  Members of FPC are highly satisfied with the services provided by FPC and its performance in local areas.


INFORMASI ◽  
2021 ◽  
Vol 51 (1) ◽  
pp. 133-168
Author(s):  
Syarifah Nur Aini ◽  
Awanis Akalili

Dakwah discussing Islamic values are not only obtainable through religious lectures, television broadcasts, or certain book category. Dakwah could also be performed by using social media; a medium that is dominated by milennials. Dakwah performed by @indonesiatanpapacaran, is an example for dakwah movement in social media. This account is favored by individuals who pursue “hijrah” (hegira/hijra). Not only introducing the nurture of Islamic values, this account also has its profitable business going. Some religious narrations could function as commodity materials, both online and offline. In the end of the day, the capitalist could gain great benefit by this account’s movement. The objective of this study is to obtain an overview of commodification process performed by @indonesiatanpapacaran. Research method used is content analysis. Data collection was conducted by analyzing all contents posted in @indonesiatanpapacaran Instagram account. Some data including contents, values, and even narrations, are the highlight of the analysis. All contents in marriage principals could be seen as potential contents made use by Indonesia Tanpa Pacaran movement.


2021 ◽  
Author(s):  
Giorgio Ferrario ◽  
Salvatore Grimaldi

Abstract Capitalization of lessons learned on Asset Integrity Management during Front End Loading phases of a green field Project Development, by defining plan for implementation of a diagnostic digital tool for reducing downtime and introduce predictive maintenance during Operation. Eni developed a platform of Digital applications for enhanced Operations management by implementing an Integrated Asset Management (IAM) system. Advanced Analytics tool is part of it and is designed for monitoring, foreseeing and preventing production upsets and anomalies; the tool is set up by verification of areas of interest and criticalities, with identification of main equipment data sets and by the implementation and validation of predictive models. Starting from historical data, data scientists supported by experts develop algorithms capable of finding interdependencies between a set of input variables and an output variable (phenomenon to be predicted/monitored), thus detecting anomalies and criticalities. Main areas of benefit are envisaged on Production continuity, capable of predicting problems on static and rotating equipment and giving information on the most impacting variables on the incipient problems. The tool will support technicians to help them preventing failures and out-of-specs events which may cause loss of production or asset integrity issues, with the activation of predictive maintenance and the aim to strive a continuous monitoring and improvement of plant operational performances. An Energy Efficiency predictive model will also be set up, capable of forecasting the future energy performances of the asset through the prediction of the Stationary Combustion of Carbon Dioxide (CO2) emission index (t CO2/kbbl) and providing the list of the main influencing equipment and variables. The plan for implementation of the tool from the Early phases of development help the organization on prioritizing the implementation of Digital tools as part of the execution and realization of the Asset to be delivered to the Operational personnel, by easing the transition and avoiding subsequent retrofitting carrying brownfield works and additional costs. The implementation of Advanced Analytics tool has been embedded in a new green field initiative of a Development Project since Front End Loading phases, thus fostering digital implementation and minimizing deployment costs by including those as part of the Investment Proposal presented to Joint Venture Partners and Authorities.


Author(s):  
Ahmad Fauzi Abdul Hamid ◽  
Zairil Khir Johari

Chapter 8 investigates the efforts of parties to navigate their way within the dominant discourse of hegemonic ethnoreligious nationalism in Malaysia. It discusses the way politics has addressed the question of identity—a corollary of the nation’s colonial experience and segmented socio-economic set-up. The post-Independence practice of consociational democracy served to cement ethnic-oriented politics, which blended with religious boundaries of Malaysia’s plural society. Since the late 1990s, however, emerging ‘new politics’ characterised by middle class–based civil activism has gradually shifted the political narrative away from issues of identity to universal values such as social justice, good governance and human rights. In this light, the chapter discusses the role of the Democratic Action Party (DAP), Malaysia’s largest opposition party in Parliament.


2008 ◽  
Vol 12 (08) ◽  
pp. 5-17

AUSTRALIA — New Meningococcal Test to Identify Genetic Predisposition AUSTRALIA — Scientists Discover the Double Life of Proteins AUSTRALIA — Gene Discovery Offers Cancer Hope CHINA — The American Psychiatric Association's Awards for Young Scientists Encourage Research Expertise in China CHINA — DuPont Partners with China to Increase Farm Productivity CHINA — Deadly Enterovirus Afflicts Chinese Children CHINA — CAS Researchers Decode Genome of Mosquito-Killing Bacterium CHINA — CAS, Local Governments to Jointly Set Up a Biomedical Institute in Suzhou CHINA — Chinese and US Scientists Map Papaya Genes CHINA — Genzyme to Build New R&D Center in Beijing INDIA — Avesthagen Launches Bioactive Teestar INDIA — Scientists Find Kala-azar Protein INDIA — Bayer Launches Disease-Resistant Hybrid Rice Arize Dhani INDIA — SCHOTT Forms Pharmaceutical Joint Venture in India INDIA — IIT Mumbai Develops Chip to Detect Myocardial Infarction INDIA — Tamil Nadu Plans Poison Treatment Center in Every District INDIA — RFCL Opens Integrated Manufacturing Plant in India JAPAN — Pfizer to Launch Champix® – The First Prescription Oral Smoking Cessation Aid in the Country NEW ZEALAND — Asthma Linked to High Fat Diet PHILIPPINES — Surge in Dengue Cases in the Philippines SOUTH KOREA — Bird Flu Outbreaks Spread in South Korea SINGAPORE — Edwards Lifesciences Opens Its First Heart Valve Manufacturing Facility in Singapore SINGAPORE — Bioimaging and Stem Cell Research in Singapore gets a Million Dollar Boost from Latest Grant Calls by A*STAR SINGAPORE — Maccine Receives Bio-Industry Award for Best Preclinical or Clinical CRO in Asia TAIWAN — New Group for Biomedical Electronics Established TAIWAN — Stroke Evaluation Indicator Discovered VIETNAM — Vietnam Bird Flu Vaccine Returns Positive Results


2001 ◽  
Vol 05 (21) ◽  
pp. 531-546

US-based Alara Expands MetriScan™ Distribution into China. Varsal Sets Up Special Chemical Facility in China. Three Taiwan-based Biotech Firms to Jointly Set Up Vaccine Production Plant. Malaysia's Sirim Comes Up with Latest Ceramic Membrane Filter Technology. Fuzhou Branch of Rocky Mountain Launches New Product. SurroMed Expands Global Efforts with New Singapore Facility. Malaysia's Top Glove Expands into International Market. TNT Offers Bio-logistics Services in Singapore. Malaysia's ITAV Enters into Agreement with Eastgate and Biotech Asia. Thailand to Undertake Bio-diesel Fuel Project. Chugai Sells Business Rights of Medical Device Products to Kobayashi. Sumitomo in Joint Research with RIKEN on Pharmaceutical Development Based on Genome Information. Settlement of Investigation into Takeda Subsidiary's Marketing Practices of Prostate Cancer Drug. Novartis and Korea Yet to Agree on Leukemia Drug Price. VaxGen Receives Funding for Development of AIDS Vaccine in India, China and Africa. Fujisawa Launches Protopic Ointment in Canada. BresaGen and Image Guided Neurologics to Produce and Distribute Proprietary Cell Delivery Device. Progen Industries and BresaGen Sign Manufacturing Agreement. India's Kopran Gets Better Deal for Heart Drug Aten. Reliance Life Sciences to Scale Up Biotech. NZ's Delphic and Japan's Sysmex Announce Joint Venture. Australian Biotech Companies Get Another A$3.6 Million of Funding.


2001 ◽  
Vol 05 (12) ◽  
pp. 229-238

GlaxoSmithKline and Shanghai Medical Institute Set up Combinatorial Chemistry Lab. GeneMedix to Take On Schering for Cancer Drug in China. Roche and China's Genome Center to Identify Disease-related Genes. Pharmagenesis and Tianjin Zhong Xin Enter Joint Venture. Korean Biotech Startups Show Impressive Developments. aaiPharma to Establish Joint Venture in China. US Firm Given Approval to Conduct Clinical Trials of Cancel Drug in China. Taiwan's Uni-President Group Sets up US Subsidiary. Uni-President Halts Investment in Vita Genomics. HK's JDH Helps CNS of US to Expand Its International Distribution Network. GeneProt Opens World's Largest Proteomic Discovery Center in Geneva. Takeda Discovers Metastasis Suppressor Peptide Ligand. Fujisawa to Transfer Animal Health Business to Schering-Plough. Phase 2 Trial of Chugai's Gastroparesis Drug On Hold. PPL New Zealand Expansion to Go Ahead. Pfizer is Open to Alliances with Local Indian Companies. Wockhardt-Bayer Tie-Up to Market Antibiotic in India. Sanofi Acquires Torrent Pharma's Stake in India. Thai Food Company Aims to Capture Shanghai Market.


2021 ◽  
Vol 9 (2) ◽  
pp. 95-99
Author(s):  
Ikhwan Yunus

The development of the convection industry in Indonesia is growing rapidly. This is because the convection industry is an industry that is needed by the community in meeting clothing needs. In addition, clothing itself is experiencing changes in trends and functions, namely being used as an identity attribute, so that the convection business is in great demand in Indonesia. This study uses a qualitative descriptive method with a SWOT analysis to take advantage of opportunities by maximizing strengths, reducing weaknesses and avoiding threats. The strength of the convection business is classified as a promising business. Weaknesses are lack of capital to develop a business, less competent employees are employed. The target market opportunities are very wide. The threat of the existence of illegal imported products on the domestic market either directly or indirectly.  Keywords : Strengths, Weaknesses, Opportunities, Threats.


Author(s):  
Md. Mizanur Rahman Rahman ◽  
Shahnaz Begum Neena

The monotonous demand for rice in Bangladesh is shifting rapidly. Positive economic growth andurbanization are the key factors behind this change. The agricultural marketing system is traditional andnot properly functional. A group of intermediaries controls the market and supply chain of agriculturalproducts. A proper functional market is vital for food producers, processors, traders, and consumers.Bangladesh has become self-sufficient in cereal crop production, but the production of horticulturalcrops is not sufficient yet. This situation has led to severe bottlenecks in the processes of marketing. Thestudy aimed at assessing the present marketing system of agricultural products in Sylhet and atdetermining the marketing constraints and potentialities of farm products in this area. It was found thatthe net marketing margin was the highest in the case of the retailer and the lowest in case of Aratdar. ButReturn on operating capital was the highest for the Aratdar because they did not need to purchase theproduct they handle. The farmers identified the high price of seed as the topmost constraint in productionand marketing systems. Re-structuring of Market Management System and updating regulatory andinstitutional set up are highly essential for the proper functioning of the market system.


2021 ◽  
Vol 16 (1) ◽  
pp. 57
Author(s):  
Fulan Puspita ◽  
Zulkipli Lessy

<p class="06IsiAbstrak"> This study aims to determine Indonesian Islamic values' integration and internalization in building students’ personalities as teacher candidates. The research method used is a qualitative phenomenological approach. The data source comes from the head of FTIK Salatiga State Institute for Islamic Studies (IAIN), five lecturers, and 25 students. The study concludes: (1) stage of value transaction is conducted in every college activity either inside the class or in the campus environment by considering laws, social regulations, and obligations attached to every student in preparing them to return serving the community and state as well as religion. (2) Stage of the social contract. In this stage, the student has acted by considering that they have certain obligations toward society and certain obligations to them. (3) Trans-internalization stage; students have found values, and they regard them as universal values that influence an individual’s character. In all the steps, the more measures developed will be instilled within the student to take a strong effort and relatively-long enough time to reach the desired outcome.</p>


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