The The Role of Religion in the Business Activities (A Quantitative study on Pakhtun Businessmen in Peshawar)

Religion and Business

Abstract

The study was conducted to evaluate the role of religion in business activities among the Pakhun business working in Peshawar markets.  The study was carried out in Peshawar Saddar, University Road and Khyber Bazar. The religion has been evaluated by the concept as checked religiosity of sample business owners and its role in business ethics.  Total population constituted 8027 shops in three sample areas. The study was limited to the firms who have at least 3 or more employees working. The study has selected 600 businessmen as the sample size working in different businesses in Peshawar Saddar, University Road and Khyber Bazar. Closed ended questionnaire was adopted after review the literature. The findings of regression model exhibit that religious perception, religious knowledge, religious awareness, relationship with co-worker, Islamic financing and social interaction have significant effect on business ethics (Peshawar Saddar). Religious perception, religious awareness, relationship with co-worker, Islamic financing and social interaction have significant effect on business ethics (University Road) and religious perception, religious knowledge, religious awareness, Islamic financing and social interaction have significant effect on business ethics (Khyber Bazar). The study has used quantitative methodology to conduct a study; in future a study can be conducted by adopting a religious factors using in making financial decisions. The study has skipped the ownership category, in future a comprehensive study should be conducted by considering the ownership category i.e. independent or family owned firms.