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Islamic Entrepreneurship Nurturing New Ventures Through Islamic Principles

Islamic Entrepreneurship Nurturing New Ventures Through Islamic Principles
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Author(s): Juli Meliza (Sekolah Tinggi Ilmu Manajemen Sukma, Indonesia), Erwansyah Erwansyah (Universitas Pembangunan Panca Budi, Indonesia), Harianto Harianto (Universitas Pembangunan Panca Budi, Indonesia)and Ku Halim Ku Ariffin (Universiti Malaysia Perlis, Malaysia)
Copyright: 2023
Pages: 11
Source title: Strategies and Applications of Islamic Entrepreneurship
Source Author(s)/Editor(s): Ahmad Rafiki (Universitas Medan Area, Indonesia), Alfatih Gessan Pananjung (Bahrain Institute of Banking and Finance, Bahrain)and Muhammad Dharma Tuah Putra Nasution (Universitas Pembangunan Panca Budi, Indonesia)
DOI: 10.4018/978-1-6684-7519-5.ch004

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Abstract

The chapter aims to explore factors, values, and education driving Islamic entrepreneurial initiatives, and their impact on economic development. It emphasizes integrating Islamic principles into new business creation. The study also examines roles of absorption capacity, financial development, Islamic debt financing, and family background in Islamic entrepreneurship. By linking Islamic teachings and entrepreneurial pursuits, the Initiative enhances understanding and promotes ethical, sustainable business. It values Islamic work ethics and management team insights to foster Islamic-based enterprises. The chapter guides entrepreneurs, policymakers, and researchers in nurturing Islamic entrepreneurship, contributing to knowledge and future research. Insights can fuel positive transformations in the evolving entrepreneurial landscape.

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