012: Conflict of Interest | An Islamic Perspective

Conflict of interest. It's a hot topic that frequently appears in professional discussions of ethics and Human Resource guidelines about codes of conduct, especially in these times, with so many cases of corruption and misconduct in the corporate world, and among government officials today in the 21st century.

But did you know, Islam has addressed the issue of Conflict of Interest, outlining clear-cut guidelines from the Qur'an and Sunnah over 1400 years ago?

In this session, we discuss what is Conflict of interest? How conflict of interest can take place - sometimes in the most unexpected or unseen of ways, and how are some objective guidelines we can best handle them, from the perspective of Islam.

00:00:00 Intro

00:04:03 What is Conflict of Interest?

00:06:30 Perceived interest vs actual interest

00:13:02 Company policies: blocking the means

00:16:21 Are there measures in the Shariah to prevent Conflict of Interest?

00:18:46 Rules regarding hospitality

00:21:30 If you stay at home, will anyone send you a gift?

00:27:00 Hire you our family member

00:32:00 Know your rights by having knowledge

00:33:00 Can we have a genuinely good relationship between clients and contractors

00:34:37 Can you give or receive gifts to & from contractors?

00:37:08 Prophetic guidelines about "grey areas": Practicing Self-Awareness & Self-Integrity

00:40:21 Being Hired as an Auditor: Being paid to "expose" client?

00:42:52 Why scholars of the past refuse to be government scholars

00:45:46 Refusing to transfer or promote high performing staff

00:48:45 Biases with out-of-office activity partners and relationships

00:52:22 Using Relationsihp leverage as Favors?

00:54:06 Can't marry someone in the same company?

00:55:12 No one is free from biases. Not even Rasulullah!

00:56:12 Favoring a child over the other

00:58:38 Ta'arudh bainal mafsadah wal maslahah (preventing evil or attaining benefit - which one takes precedence?)

01:03:24 A career as a preacher

01:06:05 The difficulty of taming your intention

01:08:11 COI was addressed in the Syariah even before it became fashionable

01:10:18 Personal Integrity when nobody is looking

01:12:00 Uthman cried fearing the punishment of the grave

01:14:30 Aziz personal experience with COI – Standing his ground when receiving gifts

01:17:47 Firdaus personal experience with COI – Tempering with claims

01:21:30 Allah will replace what you leave for the sake of Allah with something better

01:22:35 Closing remarks