Islamic Entrepreneurship VS Western Entrepreneurship

strivingobserver98

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

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