Islamic Entrepreneurship VS Western Entrepreneurship

[strivingobserver98]

Entrepreneurial activities of both below:

Islamic Entrepreneurship

• Motivated by needs of society and desire to satisfy religious obligations.
• Engage in productive ventures involving the creation of real goods and services.
• Financed through interest free profit loss sharing.
• Speculation and excessive risk taking is prohibited.
• Shari'ah compliant.

Western Entrepreneurship

• Often motivated chiefly by individual utility (wealth) maximization.
• Often secular in nature.
• Altrustic goals often secondary.
• Debt and equity financing.
• Speculation and risk taking permitted.

[TMGuide]

I hope you don't mind, but I would like to use this for my blog inshaa allah. I will link it back to the site inshaa allah.

[strivingobserver98]

I hope you don't mind, but I would like to use this for my blog inshaa allah. I will link it back to the site inshaa allah.

Sure no problem :).

PS: Your full member now, so congrats on that.

[TMGuide]

Oh Jazakillaah khair, Thats awsom. I am sure I will get better treatment now :p