aminahz

I take this from Ent/Etr300-Fundamentals Of Islamic Economy as my guidance being an Entrepreneur 😀

8 Principles of Islamic Entrepreneurship :

1. Entrepreneurship is an integral parts of Islamic religion.
2. By virtue of human nature ,  the Moslem entrepreneurs are  ‘khalifah’ and have the responsibilities develop prosperity and sees business as part of ibadah or good deed.
3. Motivation – success in Islam is not merely measured by the end result but also the way and means of achieving them.
4. Ibadah – business activity is part of ibadah or “good deed”
5. Position of  Entrepreneurship and business in Islam – Islam encouraged its ummah to venture into business . Prophet Muhammad S.A.W expounded that 9 out 10 source of rizque (income) can be found in business.
6. Islamic Economic System –  Islamic Entrepreneurship should operate within the domain of Islamic Economic system and act as the vehicle towards global acceptance of Islamic Economic System.
7. Guiding Principles of Islamic Entrepreneurship is by the al-Quran and al-Hadith
8. Entrepreneurial Ethics based on exemplary conducts of Prophet Muhammad S.A.W