International Journal of Multidisciplinary Approach and Studies ISSN NO:: 2348 – 537X Volume 01, No.2, Apr.2014 Page : 20 Islamization on Modern leadership Perspective: A Conceptual study Munazza Saeed*, Dr. Lukman Thaib**, Mohd. Zaidi Abd Rahman*** Academy of Islamic Studies, University of Malaya, Kuala Lumpur, Malaysia. ABSTRACT. The recent emphasis on ethical leadership literature stimulates a debate on leadership from an Islamic perspective. This may provide some interesting insights for the field of leadership. Modern businesses can benefit from the values and principles contained in Islam by implementing them in their management practices. In an Islamic context, leadership is based on integrity and justice as it is an explicit contract between a leader and his followers that he will try his best to guide them, protect them, and treat them justly. This study examines leadership in the light of Islam, its implication in modern business activities, and highlights the principles of Islamic leadership. Furthermore, this study provides insights to the implications of Islamic norms and values in contemporary business practices. Key words: Business Ethics, Islamic leadership, Managerial Leadership, Modern Business. INTRODUCTION Throughout history, solicitous and agonizing leaders have left their marks on civilization (Ali, 2009). Small groups, families, organizations, states, empires and the world at large need good leaders who can lead their respective followers and organizations to success. An effective leader is a must for attaining success in family life, business, and governance, as every human endeavour needs a unifying and driving force for success. This driving force is ultimately traced to good leadership. Every individual in some capacity is a leader. Leadership is one of the core corners in our social activities (Patwary, 2003). It refers to a process of influencing and supporting others to work enthusiastically toward achieving an