The document provides guidelines for entrepreneurship from an Islamic perspective. It states that entrepreneurial activity is considered an act of worship under Islam if 9/10 of a business's income is derived from such activity. It outlines obligations for entrepreneurs, including performing religious duties, having knowledge of prohibited business practices like riba and gharar, ensuring business strategy aligns with Islamic law, and acting with good character. The document also notes opportunities for entrepreneurs to achieve benefit through creating long-lasting products, providing jobs and career development, enhancing society through charity and zakat, and improving life through new products.
The document provides guidelines for entrepreneurship from an Islamic perspective. It states that entrepreneurial activity is considered an act of worship under Islam if 9/10 of a business's income is derived from such activity. It outlines obligations for entrepreneurs, including performing religious duties, having knowledge of prohibited business practices like riba and gharar, ensuring business strategy aligns with Islamic law, and acting with good character. The document also notes opportunities for entrepreneurs to achieve benefit through creating long-lasting products, providing jobs and career development, enhancing society through charity and zakat, and improving life through new products.
The document provides guidelines for entrepreneurship from an Islamic perspective. It states that entrepreneurial activity is considered an act of worship under Islam if 9/10 of a business's income is derived from such activity. It outlines obligations for entrepreneurs, including performing religious duties, having knowledge of prohibited business practices like riba and gharar, ensuring business strategy aligns with Islamic law, and acting with good character. The document also notes opportunities for entrepreneurs to achieve benefit through creating long-lasting products, providing jobs and career development, enhancing society through charity and zakat, and improving life through new products.
The document provides guidelines for entrepreneurship from an Islamic perspective. It states that entrepreneurial activity is considered an act of worship under Islam if 9/10 of a business's income is derived from such activity. It outlines obligations for entrepreneurs, including performing religious duties, having knowledge of prohibited business practices like riba and gharar, ensuring business strategy aligns with Islamic law, and acting with good character. The document also notes opportunities for entrepreneurs to achieve benefit through creating long-lasting products, providing jobs and career development, enhancing society through charity and zakat, and improving life through new products.
According to Islam 9/10 of sources of income derived by business
repreneurial activity is considered as an IBADAT
Entrepreneurship from Islamic perspective
Guidelines of Entrepreneurship in the Islamic
- Entrepreneurs have an obligation to perform the duties to Allah as long as they alive, such as prayers, fasting, and so on. - Also, entrepreneurs must have a wide knowledge about the prohibited practices related to business such as riba and gharar - The business strategy and planning must be in line with Islamic law. - The entrepreneurs have to equip them entities with good manner related to Islamic (Akhlaq) Guidelines of Entrepreneurship in the Islamic - Entrepreneurs have an obligation to perform the duties
Through entrepreneurship, entrepreneurs have
opportunity to achieve Alfalah through; -create products which will remain for long period, so the entrepreneurs will rewarded until hereafter - Provide job opportunities and career development for the society - enhance the social life and national economic by giving charity and Zakat. - make life more better through creating new products.