A Comparison between Codes of Conducts-Ethics of Multinational Companies In International Law and Islamic Law

Parallel with promotion of human right concepts in the second half of twentieth century and increasing stress on social, ethical, environmental and humanitarian values under global focus, new concepts are established and multinational companies are not exempted because of their unique role in international tradeand codes of conducts-ethics are one of these concepts. On the other hand Islamic jurisprudence and law on international trade and transactions is based on the same rules governing private law which encompass human rights and can be studied when dealing with companies. This article endeavors to assess the state of codes of ethics and principles of conducts in international law concerning companies and Islamic law in three areas of human rights, labor law and environment law and to show that Islamic law and contemporary international law have common elements in human rights as the basis of codes of conduct and ethics for companies.