Dana (2009; 2010) sparked interest in religion as an explanatory variable for entrepreneurship and business. Islam as a religion has given great attention to entrepreneurship and business. This can be seen in the verses of the Holy Qur’an and teachings of Mouhammed as a prophet.
Muslims as entrepreneurs have been progressively seeking to set up businesses that are consistent with Islamic principles of living, known as Shariah law, respectively establishing companies whose activities are halal (lawful), not haram (unlawful). Even though, according to Islamic principles, some business elements and activities – such as interest payments, alcohol, gambling, producing and processing pork, pornography and some types of entertainment – are not allowed, today there are a lot of Muslims that are successful entrepreneurs.
Islam as a religion invites all Muslims to be active and hardworking, which are characteristics of entrepreneurs and business owners. Islam encourages prosperity through the correct usage of the resources given by God. Entrepreneurship and business in Islam is usually based on these principles: entrepreneurship and business is an integral part of this religion; success is not only measured by the end result but also by the means of achieving them; Islam encourages people to venture into business; business activity is part of ibadah or “good deed”; guiding principles of entrepreneurship and business are based strictly on the Holy Qur’an and the Prophet’s Hadith (teachings) and ethics and social responsibility are based on the exemplary conduct of Muhammad (S.A.W.).
The aim of this special issue is to explore entrepreneurship and business from the perspective of Islamic principles, which are usually based on collaboration, teamwork, generosity and altruism. Both micro- and macro-level studies are invited. Both quantitative and qualitative approaches are also welcome. We also encourage writers to come forward with emerging and groundbreaking topics to diversify and widen research from the perspective of Islam.
Dana, L-P. (2009), Religion as an explanatory variable for entrepreneurship, The international journal of entrepreneurship and innovation, 10 (2),87-99
Dana, L-P., Ed. (2010), Entrepreneurship and religion, Cheltenham: Edward Elgar Publishing.
Suitable topics include, but are not limited to, the following:
- Islam and innovation activities
- Islam and risk management
- Islam and financing sources of entrepreneurial ventures
- Islam and business performance
- Entrepreneurial intentions of muslims
- Islam and gender issues in entrepreneurship and business
- Islamic entrepreneurship and business education
- Islamic entrepreneurship and business and economic growth
- Islam and social entrepreneurship
- Islam, ethics and social responsibility
- Inspiring stories
Submission of manuscripts: 15 April, 2015