Does the virtue of Islam gives significant impact on social enterprise?

The purpose of Islamic social enterprise is to carry out Islamic objectives in its activities and operations. The Islamic objective, which is known as maqasid syariah, is an essential foundation in any Islamic organization are designed to promote benefits and repel harms. Maqasid syariah calls for e...

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Bibliographic Details
Main Authors: Zainon, Saunah, Soo, Kum Yoke, Mohamed Yunos, Rahimah, Md Yatim, Nurul Huda, Mokhtar, Rashidah, Japelus, Nur Eyliawati
Format: Article
Language:en
Published: Faculty of Administrative Science and Policy Studies 2023
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Online Access:https://ir.uitm.edu.my/id/eprint/124254/1/124254.pdf
https://ir.uitm.edu.my/id/eprint/124254/
https://journal.uitm.edu.my/ojs/index.php/JAS
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Summary:The purpose of Islamic social enterprise is to carry out Islamic objectives in its activities and operations. The Islamic objective, which is known as maqasid syariah, is an essential foundation in any Islamic organization are designed to promote benefits and repel harms. Maqasid syariah calls for establishment of justice, elimination of unfairness and alleviation of private. Therefore, this study sought to see whether the instillation’s of ISE can contribute to the better social enterprises by using ISE index measurement as it involves the Shari‟ah compliant trading activities to ensure the sustainability of ISE. Without clear objectives, ISEs which emphasizes on the combination of economic and social objectives in an organization, might not be able to run their operations and activities smoothly.