This research project assesses the extent to which religion influences standards and behaviour in business, by comparing Islamic banking to co-operative banking as carried out by both Christians and Muslims. The study argues that Islamic banks are particular in the kind of products they offer, namely the
Islamic financial instruments. On the other hand, it is the
organisation which is key to co-operative banks. An empirical investigation of over 100 banks has revealed that
Islamic banks are conventional banks with a product range modified according to Islamic religious law.
Co-operative banks operate so as 'to help the poor', an objective in line with both Islamic and Christian ethics. The book demonstrates that Muslims and Christians can work together to foster development and to overcome poverty by referring to common ethical standards in business.
Frankfurt/M., Berlin, Bern, New York, Paris, Wien, 1999. 175 pp., num. fig., tab. and graph.
Contents: Problem definition and research objectives - State-of-the-art review: intercultural studies, studies on religions,
studies on ethics and on business ethics - Theoretical study: «Europe» and the «Muslim World», rights and wrongs in Islam
and Christianity, two ethical modes of operations - Plans, methods and means of research - Empirical study: Islamic banking
in Europe, Islamic banking in the Muslim world, co-operative banking in Europe, co-operative banking in the Muslim world.