Islam, Ethics and Business (Online Course)

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e-Learning Professional Course - Islam, Ethics and Business. Islamic Economic Areas.

The Online “Professional Course in Islam, Ethics and Business” (15 ECTS) taught by EENI Global Business School consists of five modules:

Introduction to Islam (2 ECTS)
Islam and Business (3 ECTS)
Main economic organisations related to the Muslim Countries (5 ECTS)
Islamic Economic Areas (4 ECTS)
Arab Development Funds (1 ECTS)

Islam and Business (Doctorate Master Course)

Related Doctorates and Masters taught by EENI Global Business School:

Why study the course “Islam, Ethics and Business”?

Islam is currently the second religion in the world (1,570 million Muslims, 23% of humanity), being the religion with the fastest growing population in the world.

This Professional Course is aimed primarily at those companies and managers who wish to do business in the fifty-four countries where Islam is the majority religion. These “Islamic countries” make up the economic area of the Islamic Civilisation, composed of the Arab, Eurasian, Malay and Maghreb economic areas.

It also includes the economic areas of West and East Africa (although they belong to the African civilisation) being Islam, Christianity and the Traditional African Religions the main beliefs.

Anyone who does not belong to the Islamic Civilisation (Western, Hindu, Buddhist, Sinic...) should know the pillars of Islam and how they influence on the way of doing business of the “Islamic companies”, which can be very different compared to the companies from other economic areas, thus avoiding the intercultural conflicts (more information).

Online Arab Student, Master International Business

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Learning materials in

Also, available in Islam Islam Islão
For improving the international communication skills, the student has free access to the learning materials in these languages (free multilingual training).

Intended for all those that want to specialise in all the aspects related to Islam and businesses.

Credits of the Online Professional Course / Subject “Islam, Ethics and Business”: 15
Duration: 15 weeks
Total Tuition Fees: EUR 360 (Pricing Policy)
Students can begin the course at any time (open enrolment) and study from anywhere in the world without any displacement
Requires an average dedication of 12 hours per week

The objectives of the “Professional Course in Islam, Ethics and Business” are the following:

To understand the pillars of Islam and its influence on business
To analyse the main branches of Islam: Sunni and Shi'a
To understand the ethical principles of Islam
To study the distribution of Islam in the World
To know the fundamental role of Islam on the Islamic Civilisation
To learn about the importance of the Zakat, Sharia (Islamic law) and Fiqh (Islamic jurisprudence) in the Islamic Markets
To understand the principles of the Islamic Economics (finance, Islamic banks...)
To identify the leading Islamic economic organizations (Arab League, Islamic Development Bank, Organisation for Islamic Cooperation and the affiliated bodies...)
To learn to design an intercultural negotiation for the Islamic Countries
To analyse the figures of the main Muslim Businessman and Businesswomen
To analyse the economic areas of the Islamic Civilisation, the economic integration processes and their relationships with the other civilisations
To understand the role of the Islamic Countries in the global economy
To analyse the trade agreements between the Islamic markets and the importance of the Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)
To understand role of the Arab Development Funds in the expansion of the Islamic Civilisation

Modules of the “Professional Course in Islam, Ethics and Business”

Module 1- Introduction to Islam (2 ECTS)

Introduction to Islam
Prophet Muhammad
Holy Quran
Expansion of Islam
The first schism of Islam: Sunnis and Shiites
Introduction to Sufism
Five pillars of Islam: Profession of Faith, Prayer, Charity (Zakat), Fasting, and Pilgrimage to Mecca
Cairo Declaration on Human Rights in Islam
Case Study: two prominent Arab Women
1. Tawakkol Karman - Nobel Peace Prize (Yemen)
2. Haifa Al-Mansour - Film Director (Saudi Arabia)
Introduction to Arabic language
The Ummah (Muslim Community) in...
1. Asia
2. India
3. ASEAN
4. Africa
5. Middle East

2- Islam and Businesses (3 ECTS)

Economic Impact of Zakat
Sharia (Islamic Law)
Fiqh (Islamic Jurisprudence)
Islamic Economics
Islamic Banking
Islamic Marketing
Islamic Consumer
How to negotiate with the Muslim Countries
Cultural Profiles of the Arab Countries. Patterns by country

Muslim Businesspeople

Arab Women and Business

Saudi Arabia: Lubna Olayan (one of the most influential businesswomen in the world), Hayat Sindi
United Arab Emirates: Lubna Bint Khalid Al Qasimi (the most powerful Arab woman), His Excellency Reem Ebrahim Al-Hashimi, Amina Al Rustamani, Shaikha Al Maskari
Kuwait: Shaikha Al Bahar, Maha Al-Ghunaim
Qatar: Hanan Al Kuwari
Jordan: Randa Ayoubi
Lebanon: Ayah Bdeir

Arab Businessmen

Saudi Arabia: His Royal Highness Prince Al Waleed Bin Talal (one of the largest investors in the world), Sulaiman Al-Rajhi (founder of one of the largest banks in the region, renounced to all his riches), Sheikh Mohamed Bin Issa Al Jaber, Sheikh Mohammed Hussein Ali Al-Amoudi
Bahrain: Yusuf Bin Ahmed Kanoo
United Arab Emirates: Abdul Aziz Ghurair, Majid Al Futtaim
Kuwait: Jawad Ahmed Bukhamseen, Nasser Al Kharafi
Oman: Mohammed Al-Barwani

African Muslim Businesswoman

Egypt: Minoush Abdel-Meguid
Nigeria: Hajia Bola Shagaya (one of the richest women in Africa), Amina Odidi
Somalia: Iman

African Muslim Businessmen

Algeria: Ali Haddad
Egypt: Hassan Abdalla, Tarek Talaat Moustafa, Mohamed Mansour, Ahmed Mekky
Kenya: Naushad Merali
Morocco: Othman Benjelloun (the richest man in Morocco), Anas Sefrioui, Mohamed Hassan Bensalah, Aziz Akhannouch, Miloud Chaabi
Nigeria: Alhaji Aliko Dangote (the richest person in Africa), Alhaji Muhammadu Indimi, Adewale Tinubu, Abdulsamad Rabiu, Olufemi Otedola, Tunde Folawiyo
Sudan: Mohamed Ibrahim (one of the hundred most influential people in the world), Osama Abdul Latif
Tanzania: Reginald Mengi (from being born in a mud hut to being one of the biggest entrepreneurs in East Africa), Said Salim Bakhresa, Mohammed Dewji
Tunisia: Mohamed Ali Harrath

Asian Muslim Businessmen

Bangladesh: Muhammad Yunus (founder of the microcredit concept, banker and Nobel Peace Prize winner), Muhammad Abdul Mannan, Salman Rahman
India: Azim Premj (third richest in India), Yusuf Hamied (founder of one of the largest generic laboratories in the world: vaccines for all at affordable prices)
Indonesia: Sandiaga Salahuddin Uno
Iran (companies): Bonyads (20% of the Iranian GDP), Islamic Revolutionary Guard
Malaysia: Tan Sri Mokhtar
Pakistan: Mian Muhammad Mansha, Dewan Farooqui

3- Main Economic Organisations related to the Muslim Countries (5 ECTS)

4- Economic Areas of the Islamic Civilisation (4 ECTS)

Introduction to the Islamic Civilisation
Islamic Economic Areas:
1. Arab Economic Area
2. Central Eurasian Economic Area
3. Maghrebian Economic Area
4. Malay Economic Area
5. African Economic Area (belonging to the African Civilisation)
  1. Western African Economic Area (PDF)
  2. Eastern African Economic Area (PDF)
Main economic institutions related to the Muslim Countries in Asia, Africa, the Middle East, and Europe
Islamic Countries and globalisation
Economic Integration of the Islamic Civilisation
1. Major Free Trade Agreements (FTA) related to the Muslim Countries
Interactions of the Islamic Civilisation with the other civilisations

5- Arab Development Funds (1 ECTS)

Sample of the Professional Course:

Sulaiman Al-Rajhi Saudi Businessman (Course Master)

Prince Alwaleed Bin Talal (EENI Master Honoris Causa)
EENI delivers to His Royal Highness Prince Alwaleed bin Talal a Master Honoris Causa.

“There is no God but Allah, and Muhammad is his messenger.”

Download the Syllabus of the Course: “Islam, Ethics and Business” (PDF)

The course contains exercises that are evaluated, which the student must work out and pass to obtain the diploma “Professional Course in Islam, Ethics and Business” issued by EENI Global Business School.

Pedro Nonell, African Students, Master Doctorate

The “Professional Course in Islam, Ethics and Business” belongs to the following Online Higher Education Programs taught by EENI Global Business School:

Masters: Business in Africa, Business in the Muslim Countries, International Business, Foreign Trade, Asia, Religion & Business
Doctorates: Ethics, Religion & Business, Islamic Business, Asian Business, African Business
Courses: Business in Eurasia, ASEAN, Maghreb, Middle East

Why study Religions and International Business?

Higher Education programs adapted to the Middle East Students

Online Enrolment Procedure (continuous):

Online Course enrolment procedure, EENI

Advantages EENI Global Business School & University

Sharia (Islamic Law)
Sharia Islam (Master, Doctorate)

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Description of the Professional Course - Islam, Ethics and Business

“The principles of Islamic Finance may represent a possible solution to the global financial crisis.” (Osservatore Romano)

Ethics Islam

Harmony of Religions (e-Doctorate) e-Doctorate: Ahimsa Business (Non-Violence)

“To each of you We prescribed a law and a method. Had Allah willed, He would have made you one nation united in religion, but He intended to test you in what He has given you; so race to all that is good.” Holy Quran (5:48).

In this subject; we will discuss Islam and the main features of the Islamic Countries from the viewpoint of the intercultural negotiation.

It is crucial to note that this subject has been written with a maximum and absolute respect for this religion, which has 1,570 million followers around the world.

After the 11-S, the international businessman wishing to do business with the Muslim Countries needs a closer approach to Islam and its culture as a premise to establish trusting relationships to develop long-term business. This is the main objective of this subject: to introduce the students to Islam and this interesting culture and therefore on their way of doing business.

Muslim Population: 1.57 billion people (23% of the world's population)
Only 15% of Muslims are Arabs (Middle East)
62% of the World's Muslim population lives in Asia and 20% in the MENA region (Middle East and North Africa)
300 million Muslims live in countries where Islam is not the majority religion: China, India, or Russia.

We also aim to break the negative topic that many Westerners have against Islam.

The Five pillars of Islam:
Five Pillars of Islam (Doctorate)