Managing Entrepreneurship from an Islamic Perspective: Supporting Entrepreneurial Schemes through Islamic Work Ethics and Organisational Commitment

Abstract

Purpose: The study attempts to determine the role of the Islamic faith in fashioning out a management model as an option to other modern management tools in the enhancement of entrepreneurship through Islamic work ethics and organisational commitment. Is a research process that attempts to link Islam with entrepreneurship and management using empirical studies on entrepreneurship from an Islamic perspective (EIP). Design/Methodology/Approach: In this study, it was outlined how Islam shapes entrepreneurship, and indicated the possibility of considering Islam as entrepreneurial in its outlook. Islam allows and inspires business activity, and shapes the belief system that incorporates the scopes of belief in Allah, the Exalted, and in the Hereafter. Findings: This study is adding to knowledge that faith-based management model could be relevant as an alternative to other non-faith-based management tools to support the growth of entrepreneurship through the practice of Islamic work ethics and organisational commitment. Implications/Originality/Value: The research endeavour has major theoretical and applied effects and therefore suggested unique findings for the enhancement of entrepreneurship through Islamic work ethics and organisational commitment.

Keywords

• Islam
• Entrepreneur
• Entrepreneurship in the Islamic Standpoint
• Islamic work ethics
• Organizational Commitment