The Significance of moralities and values in the realm of management has been a matter of debate in the West in the recent decade and western theories have dealt with those issues from different viewpoints. Although this is a new approach in the West, Islamic sources and Muslim thinkers have dealt with such issues from the very early Islam. Presenting western views in this connection and comparing them with the Islamic perspective, the present work attempts to correct mistakes of western perspectives in this regard and thereby improve them. This book is written for B.A. students of management. However, those who wish to acquire a broader understanding of Islamic sciences in this field can also benefit from it.