Historical, Theological, and Theoretical Underpinnings of Islamic and Halal Entrepreneurship

Lukman Raimi, Ibrahim Adeniyi Abdur-Rauf and Saheed Afolabi Ashafa
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Ibrahim Adeniyi Abdur-Rauf: Universiti Sultan Zainal Abidin
Saheed Afolabi Ashafa: Osun State University, Osun State

A chapter in Contemporary Discourse of Halal and Islamic Entrepreneurship, 2023, pp 1-17 from Springer

Abstract: Abstract In the global business landscape, the concepts of Islamic and Halal entrepreneurship are often misunderstood and misrepresented. This chapter aims to expand knowledge on Islamic entrepreneurship by discussing its historical, theological, and theoretical foundations. By doing so, we hope to improve understanding and acceptance of the developmental ideals behind these two concepts. To answer our research questions, we have critically reviewed scientific papers and systematically analyzed the collected data using a critical literature review (CLR). Drawing insights from 69 articles, we provide detailed explanations of the conceptual definitions of Islamic and Halal entrepreneurship. Additionally, we delve into the historical, theological, and theoretical foundations of these concepts. Furthermore, we identify and address four misconceptions that both Muslims and non-Muslims have about Islamic and Halal entrepreneurship as new ultra-religious concepts in the global business landscape. Finally, the chapter concludes with far-reaching suggestions on how to address these misconceptions on a global scale.

Keywords: Halal entrepreneurship; History; Islamic entrepreneurship; Theology; Theory (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-6427-7_1

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DOI: 10.1007/978-981-99-6427-7_1

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