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ISLAMIC CONCEPT OF EMPLOYER-EMPLOYEE RELATIONSHIPS AN INSTRUMENT FOR MANAGING HUMAN RESOURCES AND CERTAIN OPERATIONAL RISK EXPOSURES

Posted by admin
August 27th, 2014

By: Dr. Abdullah Mohammed Seidu

Journal of Islamic Banking & Finance Oct-Dec 2009

Abstract

This paper describes the Islamic concepts of employer-employee relationship, in line with the teachings of the Quran and Hadith {the tradition of the Prophet (PBUH)}. In addition, this paper discusses how these concepts can help in achieving a smooth and harmonious relationship between employer and employee in the workplace. Furthermore, this paper stresses the importance and need for good employer and employee relationships and states that this can be achieved by following Islamic principles for the management of human resources. These principles address wrongful acts in relation to operational risks in financial and non-financial institutions.

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