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Interfaith Declaration of International Business Ethics

The Interfaith Declaration of International Business Ethics (IDIBE) is one of the early initiatives that used an ethical perspective to address the dramatic changes in international business in the 1990s. A group of distinguished leaders from business, banking, academia, and religious institutions drawn from the three major monotheistic religions of the world (Judaism, Christianity, and Islam) met under the auspices of Prince Philip, Duke of Edinburgh; Crown Prince Hassan of Jordan; and Evelyn Rothschild. The interfaith dialogue took place in the United Kingdom and Jordan from 1989 to 1993 (with an enforced delay from 1990 to 1992 following the Iraqi invasion of Kuwait), and it led to the promulgation of the initiative in 1994.

Rationale

A number of factors advanced the elaboration of IDIBE. There was ...

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