Implementation of Islamic Business Ethics on the Advancement of Modern Industrial Technology 4.0

Abstract

Technological advances 4.0 have brought about major transformations in the world of business or entrepreneurship, thus triggering questions about how to apply business ethics that work and develop in an Islamic context. This article aims to investigate the implementation of business ethics in Islam in the industrial technology era 4.0. By combining Islamic principles of justice, transparency, mutual prosperity, etc., business operations can receive strong guidance to act ethically in accordance with Islamic law and Allah's provisions. A case study of a technology company created as an example for integrating Islamic values in business practices is also outlined to provide a deeper understanding of the application of Islamic business ethics concepts in practice. By considering Islamic views on innovation, justice and social responsibility, this research concludes that the implementation of business ethics in Islam can promote sustainable and blessed technological progress 4.0 if it runs according to its provisions.