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

In: Contemporary Discourse of Halal and Islamic Entrepreneurship

Author

Listed:
  • Lukman Raimi

    (Universiti Brunei Darussalam)

  • Ibrahim Adeniyi Abdur-Rauf

    (Universiti Sultan Zainal Abidin)

  • Saheed Afolabi Ashafa

    (Osun State University, Osun State)

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.

Suggested Citation

  • Lukman Raimi & Ibrahim Adeniyi Abdur-Rauf & Saheed Afolabi Ashafa, 2023. "Historical, Theological, and Theoretical Underpinnings of Islamic and Halal Entrepreneurship," Springer Books, in: Lukman Raimi & Salisu Monsuru Adekunle & Muhammad Salman Shabbir (ed.), Contemporary Discourse of Halal and Islamic Entrepreneurship, pages 1-17, Springer.
  • Handle: RePEc:spr:sprchp:978-981-99-6427-7_1
    DOI: 10.1007/978-981-99-6427-7_1
    as

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