An introduction to entrepreneurship and management in an Islamic context

Abstract

With the evolution of international business environment where culture and religion are playing an important role cornering developing relationships (Dana, International Journal of Entrepreneurship and Innovation, 10(2):87-99, 2009; Dana, Entrepreneurship and religion, Edward Elgar Publishing, 2010), Islamic entrepreneurship and management is becoming an essential research field (Ramadani et al., International Journal of Business and Globalisation, 15(3):244-261, 2015). Islam, as a religion, highlights the importance of being engaged in business activities that improve society as a whole, and many of the limitations placed on Muslim entrepreneurs are meant to reduce activities that can harm the society; Muslims are expected to make a living in accordance with the beliefs of the Qur’an and Shari’ah laws. When Muslims engage in entrepreneurial activities it is believed that they fulfill their religious obligations to please Allah. Islam shapes entrepreneurship at different levels of the economy whilst encouraging and enabling entrepreneurial activities.