Business Competition Law in the Perspective of Islamic Business Ethics

Abstract

In economic activities, the business has a critical role in meeting humans’ needs. On the one hand, the company also serves to make a profit. This research will be carried out using a qualitative approach. The data used in this study came from various research results and previous studies relevant to the investigation. This study found that in the implementation of business competition, good ethics is that business actors need to guarantee a balance between producers and consumers. Then in Islamic business ethics, it is necessary to pay attention to Islamic laws in the form of contracts contained in the business. The contract implementation must be honest, open, fair, and without manipulation. Then in conducting competition, competitors must be considered partners in conducting business. In implementing business partners, it is also necessary to provide good service to customers and must not commit fraud and attempt to destroy other competitors.