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The Characteristics of Muslimpreneurs From The View of Muslim Scholars and Academician

Author

Listed:
  • Mohd. Faizal P.Rameli

    (Universiti Sains Islam Malaysia (USIM))

  • Muhammad Ridhwan Ab. Aziz

    (Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia (USIM))

  • Kalsom Ab. Wahab

    (Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia (USIM))

  • Suhaida Mohd. Amin

    (Faculty of Economics and Administration Universiti Malaya)

Abstract

Entrepreneurship as a part of Islamic economics and businesses is related with the pursuit of opportunity beyond resources controlled. Islam always encourages Muslims to be an innovative and active entrepreneur. Conducting business ethically is an important matter that should be practiced by all entrepreneurs, especially for Muslimpreneurs. Therefore, many Muslimpreneurs become a successful entrepreneurs today. A balanced combination between the elements of the spiritual and physical basis in the formulation of Islamic ethics known as akhlaq or noble characters. The implementation of the ethical values based on the philosophy of tawheed will provide a universal measure of value system that should be followed by every human being. Therefore, the formation of Muslim entrepreneurs ethics is also based on the values of akhlaq. This research aims to analyse the characteristic of Muslimpreneurs from the view of Muslim scholars and academicians. The methodology of this research is through qualitative research based on the interview with Muslim scholars and experts. The Muslimpreneurs characteristics are the combinations of various elements including faith and worship to Allah, good intention, halalan thoyyiba, trustworthy, consent to the others and etc. This research also concludes that Islam has given specific rules that should be followed by all Muslimpreneurs which derive from the text of al-Quran and al-Hadis.

Suggested Citation

  • Mohd. Faizal P.Rameli & Muhammad Ridhwan Ab. Aziz & Kalsom Ab. Wahab & Suhaida Mohd. Amin, 2014. "The Characteristics of Muslimpreneurs From The View of Muslim Scholars and Academician," Proceedings of International Academic Conferences 0100134, International Institute of Social and Economic Sciences.
  • Handle: RePEc:sek:iacpro:0100134
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    Cited by:

    1. Izatul Akmar binti Ismail & Muhammad Nasri bin Hussain, 2017. "Productive Zakat Distribution by Zakat Institutions in Malaysia," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(3), pages 554-565, March.

    More about this item

    Keywords

    Entrepreneur Characteristics; Muslimpreneur; Islamic Entrepreneurship; Islamic Business Ethics; Islamic Ethics;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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