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Entrepreneurial intentions from an Islamic perspective: a study of Muslim entrepreneurs in Indonesia

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Listed:
  • Grisna Anggadwita
  • Veland Ramadani
  • Dini Turipanam Alamanda
  • Vanessa Ratten
  • Medain Hashani

Abstract

Entrepreneurship is part of the way of life in Islam, which has its own way of doing business as stated in the Quran and Hadith. In Islam, intention is an important factor in identifying someone's motivations and characteristics in establishing entrepreneurial activities. This study aims at providing insights on the dimension and concept of entrepreneurial intentions from an Islamic perspective on Muslim entrepreneurs in Indonesia. A survey is conducted over 250 Muslim entrepreneurs in Indonesia as a source of primary data to investigate the intentions and characteristics of Indonesian Muslim entrepreneurs, including their motivations in choosing an entrepreneurial career. Based on prior researches, entrepreneurial intentions in the perspective of Islam has sincerity and worship God (activities of spiritual, social and economic) as two primary attributes. This study confirms that all human actions, particularly regarding to entrepreneurial activity, have always begun with intents and impacts on the entrepreneurial characters of five main attributes: fathonah, amanah, siddiq, tabligh, and istiqomah, and may have been contributing to promoting a further success of Muslim entrepreneurs.

Suggested Citation

  • Grisna Anggadwita & Veland Ramadani & Dini Turipanam Alamanda & Vanessa Ratten & Medain Hashani, 2017. "Entrepreneurial intentions from an Islamic perspective: a study of Muslim entrepreneurs in Indonesia," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 31(2), pages 165-179.
    • Handle: RePEc:ids:ijesbu:v:31:y:2017:i:2:p:165-179
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    Citations

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    Cited by:

    1. Jamal Agouram & Jamaa Anoualigh & Lhoucine Ben Hssain & Ghizlane Lakhnati, 2021. "Performance and Risks: Islamic Indices and Compared to Conventional Indices," Asian Journal of Economics and Empirical Research, Asian Online Journal Publishing Group, vol. 8(1), pages 17-26.
    2. Zeqiri, Jusuf & Alserhan, Baker & Gleason, Kimberly & Ramadani, Veland, 2022. "Desecularization, Social Identity, and Consumer Intention to Purchase Religious Products," Technological Forecasting and Social Change, Elsevier, vol. 177(C).
    3. Bąkiewicz Anna & Kasuma Jati & Hermawan Asep, 2022. "Family Business and Religion – Research Agenda," Journal of Intercultural Management, Sciendo, vol. 14(2), pages 4-40, December.
    4. Kumar, Satish & Sahoo, Saumyaranjan & Lim, Weng Marc & Dana, Léo-Paul, 2022. "Religion as a social shaping force in entrepreneurship and business: Insights from a technology-empowered systematic literature review," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    5. Muhammad Abrar ul Haq & Surjit Victor & Farheen Akram, 2021. "Exploring the motives and success factors behind female entrepreneurs in India," Quality & Quantity: International Journal of Methodology, Springer, vol. 55(3), pages 1105-1132, June.

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