Three(3) ideas Good, Equality,Freedom- ( IE5023- Ethics and Governance).docx

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    MASTERS IN ISLAMIC FINANCE PRACTICE (MIFP)

    INCEIFIE5023: Ethics and Gov!nanc

    S"#$ittd to:

    P!o%&'!& Sd A#d" *a$id Sd Ah$ad A+"nid

    S"#$ittd #:

    R&M&A& *asan Cho,dh"!

    St"dnt I': -.000.-

    Assi/n$nt 0-

    Write on any three ideas out of the six ideas given below Choose

    three (3) from the following six ideas:

    Good, truth, equality, freedom, justie, oo!eration

    "he minimum !ages !er idea# $ !ages and maximum !ages# %

    !ages

    Good:

    &

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    What is good' t is a matter of o!inion What is *good+ to one !erson may not be

    *good+ to another t de!ends on our s!ei objetive and target audiene -fter

    we are all human beings

    Good means all the will of -..-/

    *G001+ is the 2this of Well#eing

    n slami !ros!etus good means doing well and being 4ind to others -l#/5-6

    (most beautiful, !erfetion, exellene)

    - ode of moral standards of ondut for what is *right+ and what is *wrong+

    Good means: 7orally exellent, honest, virtuous, rightness, !ious, aus!iious and

    !erfet

    $

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    -s a human being when we did anything and it gives us the satisfation8 !leasure8

    ontentment in our heart and soul that9s alled good

    Good means when we are trying to do anything good and it gives us satisfation and

    when we want to do anything wrong then it gives us !rotest and the obstale

    "he main one!t of good is 10, 11, 1062 well for self and with others

    1oing anything not for self#interest do it for the !ubli interest 2xam!le: "eaher

    teahes students, it is his8her res!onsibility as well as inome soure but in this ase

    teaher and student both is beneted beause teahers teah students by ta4ing a

    salary and hel!s to student for their study

    2very man has one heart and one mind, but both are trying to hange and both are

    enouraging !eo!le for doing good or bad oth have two hoies, one is

    enouraging !eo!le for doing good another enourages for doing bad

    Good omes ins!ired by love and guided by !ro!er 4nowledge

    2very life has two hearts, one heart love to do the right things (Good) and another

    !refers to be selsh (evil) and good is always ghting with evil

    Good means !romote to do well and obstale for doing evil

    Good9 means a la4 of self#entredness t means the ability to em!athi;e with

    other !eo!le, to feel om!assion for them, and to !ut their needs before your own

    Conlusion: Good in

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    t means balaning, equilibrium, similarity, equivalene, and ommunism

    "he meaning of equality is s!eied by the !rini!les of justie whih require

    that equal basis right be assigned to all !ersons

    t 2m!hasis is on equal right and equal freedom, when are essential for

    legitimate onstitution hoie

    2quality means everyone in one line

    2quality wor4s for:

    =ights of !oor and rih: >eo!le from born equal, but situation reate

    !eo!le !oor and rih, but equality 4ee! it in balane !osition - rih

    man9s total rights in a nation ? (equal) same total rights of !oor men

    2qual o!!ortunity: 2quality reates !ro!er o!!ortunity for everyone by

    equal freedom and justie 2xam!le: @ob, >lay, any om!etitions et

    2qual freedom: 2very !eo!le have their own hoie for their livelihood

    and freedom to hoose what he8she li4e to do without disturb to

    another 2xam!le: a male freedom equal to a female freedom, both

    have their same rights to ta4e equal freedom

    2qual justie: 2nsure equal justie for everyone in the world, whatever

    he8she is rih A !oor, male A female, strong A wea4, big A small

    5oial equality: 2nsure equality in soial relationshi!s

    2quality in neessity: 2nsure equality in !ubli basi needs

    Cor!orate equality: 2nsure same rights and justie for every em!loyee

    or wor4er or labour in the organi;ation

    B

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    Gender equality: =edue gender disrimination and ensure same justie

    for man and woman, daughter and son

    2onomi equality: 2quality in reourse distribution

    >rofessional equality: 2nsure same rights and rules for every

    !rofessional whatever it is 1otor8 engineer8 .awyer8 -ountant

    >olitial equality: 2nsure level !laying eld and equal o!!ortunity

    =eligious equality: 2nsure similar rights for every religion !eo!le

    whatever he8she is 7uslim or non#7uslim

    Conlusion: 2quality is trying to 4ee! balaning in unbalane situations, but it is best with

    justie, just li4e this !iture given below:

    Freedom:

    %

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    reedom is when we reali;e that we an do absolutely anything exe!t fore

    another !erson

    reedom means:

    6o oerion

    6o om!ulsion

    6o 2dits

    6o 7andates

    6o 0rders

    6o 1itatorshi!

    @ust !ersonal res!onsibilities, !ersuasion

    reedom means having the !ower, the inherent right, the a!ability and the

    ability to ma4e hoies

    reedom means you are unobstruted in living your life as you hoose

    anything less is a form of slavery ### (W-D62 1D2=)

    E

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    reedom means res!eting the moral inde!endene of eah !erson, seeing

    eah !erson as the owner of his or her own life, and eah free to ma4e the

    im!ortant deisions about his life

    .eonard =ead said, *reedom is the absene of man#onoted restraints

    against the release of reative energy+ /aye4 referred to *a state in whih

    eah an use his 4nowledge for his !ur!oses+

    reedom gives meaning to our livesF indeed, it allows us to dene our own

    meaning, to dene what9s im!ortant to us

    reedom is the foundation of our ability to onstrut our lives as we see t

    reedom leads to soial harmony

    2onomi freedom means that !eo!le are free to !rodue and to exhange

    with others reely negotiated and agreed#u!on !ries arry information

    throughout the eonomy about what !eo!le want and what an be done more

    eiently

    >olitial freedom system gives us the o!!ortunity to use our talents and to

    oo!erate with others to reate and !rodue, with the hel! of a few sim!le

    institutions that !rotet our rights

    reedom ensure to:

    reedom of believe: 2very !eo!le have their own believe or trust, it is

    his8her self#interest Whatever whih is not fever any other 2very single

    !erson has their own right to hoose anything and believe anything

    2xam!le: 5ome !eo!le have believed in god some !eo!le are not

    H

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    =eligious freedom: >eo!le have their own freedom to hoose any

    religion, whih one have their trust and faith, that9s why some !eo!le

    are 7uslim, some are /indu, some are Iristian, some are odh, some

    are Dehudi, and some are et

    reedom of justie: 2very !erson in a ountry has equal freedom for

    justie, whatever he8she is !oor A rih, male A female, strong A wea4,

    big A small

    reedom of thin4ing: "hin4ing freedom means, own o!inion, omments,

    and idea ut be areful about it, beause you have no rights to hurt

    another

    reedom of omments8 viliation: 2very !erson has their own o!inion

    to a!!ly

    reedom for nationality: y born every !erson has their own freedom in

    a nationality

    >olitial freedom: 2very !erson has the same rights to re!resent or lead

    his8her ountry

    2onomi freedom: 2nsure eonomi freedom for every !erson in a

    ountry

    Communiation freedom: t ensures every !erson ommuniation right

    without any barriers

    Citi;enshi! freedom: 2very !erson has the freedom to enjoy his8her

    iti;enshi! rights in a nation

    5elf#defene freedom: 2very !erson has self#defene rights to saving

    his8her life

    J

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    Wo4ing freedom: Wor4ing rights of !eo!le in a nation

    reedom for livelihood: 2very !erson has rights to bear ha!!y and

    !eaeful life

    reedom of s!eeh: it is fundamental natural rights belonging to eah

    individual on an equal basis

    Conlusion: slami >ros!etus freedom is not doing whatever you want to doF freedom is

    doing the right thing (aording to -l#Kuran and 5unnah) without fearing other !eo!le

    L