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Halal Digital Entrepreneurship and Disruptive Technologies from the Lenses of Maqasid al-Shari’ah

In: Contemporary Discourse of Halal and Islamic Entrepreneurship

Author

Listed:
  • Amal A. M. Elgharbawy

    (International Institute for Halal Research and Training (INHART))

  • Md Siddique E Azam

    (International Institute for Halal Research and Training (INHART))

  • Betania Kartika

    (International Institute for Halal Research and Training (INHART))

Abstract

Digital entrepreneurship has become a popular field with the infusion of disruptive technologies, creating new opportunities for start-ups. However, the mechanism of start-ups’ disruptive innovation in the context of digital economy remains unclear. Halal digital entrepreneurship is a relatively new field that has not been fully explored, creating a gap in understanding the challenges and opportunities that halal digital entrepreneurs face in the context of disruptive technologies. The principles of Maqasid al-Shari’ah provide a framework for ethical and sustainable digital entrepreneurship that aligns with the values and principles of Islam. Nonetheless, their application to the context of halal digital entrepreneurship has not been fully explored. The intersection of halal digital entrepreneurship and disruptive technologies was the focus of a comprehensive literature review that placed an emphasis on Maqasid al-Shari’ah. The chapter is significant, providing an insight into halal digital entrepreneurship and disruptive technologies through the lens of Maqasid al-Shari’ah. The study also sheds light on the opportunities and threats that disruptive technologies present to halal digital entrepreneurs. The importance of Maqasid al-Shari’ah in guiding the creation of game-changing technologies for halal business owners is also emphasised in this chapter. Additionally, some successful examples of halal digital entrepreneurship have been demonstrated along with future research recommendations and prospects.

Suggested Citation

  • Amal A. M. Elgharbawy & Md Siddique E Azam & Betania Kartika, 2023. "Halal Digital Entrepreneurship and Disruptive Technologies from the Lenses of Maqasid al-Shari’ah," Springer Books, in: Lukman Raimi & Salisu Monsuru Adekunle & Muhammad Salman Shabbir (ed.), Contemporary Discourse of Halal and Islamic Entrepreneurship, pages 179-197, Springer.
    • Handle: RePEc:spr:sprchp:978-981-99-6427-7_12
    DOI: 10.1007/978-981-99-6427-7_12
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    More about this item

    Keywords

    Halal digital entrepreneurship; Disruptive technologies; Maqasid al-Sharia’h;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G4 - Financial Economics - - Behavioral Finance

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