Religion is a set of beliefs concerning the cause, nature, and purpose of the universe, especially when considered as the creation of a superhuman agency or agencies, usually involving devotional and ritual observances, and often containing a moral code governing the conduct of human affairs. Religion gives formal approval to existing social arrangements, because it gives to people the feeling of belonging, understanding and unity.
In the business’ field, religion has its implications because it is an important part of the life of workers. For Max Weber and Karl Marx, religion creates social changes, because it is beyond all human control and it drives people. And also, according to the religion people work in a specific way, because some religions are oriented to the work and to wealth creation, while others are oriented to the predestination and humility. Thus, each religion has their specific points of view that influence its believers’ work-style.
Islam: A society based on social justice, equity and moderation. Businesses that are perceived to be making a profit through the exploitation of others, by deception, or by breaking contractual obligations are unwelcome.
Hinduism: Focus on the importance of achieving spiritual growth and development, which may require material and physical self-denial
Buddhism: Focus on spiritual achievement undermines wealth creation.
Confucianism: Focus on Collectivism. Confucius taught that salvation is attained through right action based on three key teachings: Loyalty to one’s superiors, reciprocal obligations of superiors to subordinates and honesty.