Impact of Maqasid Al-Shariah for ethical decision making among social entrepreneurs

Ethical decisions manifests the protection and preservation of benefits and rights of business stakeholders. The mainstream practice is based on conventional ethical principles. The use Maqasid al-Shariah is limited to Shariah compliant enterprises due to the industrial requirements or the need to g...

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Main Authors: Mhd. Sarif, Suhaimi, Ismail, Yusof, Azan, Zaliza
Format: Proceeding Paper
Language:English
English
Published: 2017
Subjects:
Online Access:http://irep.iium.edu.my/55951/
http://irep.iium.edu.my/55951/18/55951.pdf
http://irep.iium.edu.my/55951/3/ImpactDMICIJ.pdf
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author Mhd. Sarif, Suhaimi
Ismail, Yusof
Azan, Zaliza
author_facet Mhd. Sarif, Suhaimi
Ismail, Yusof
Azan, Zaliza
author_sort Mhd. Sarif, Suhaimi
building IIUM Repository
collection Online Access
description Ethical decisions manifests the protection and preservation of benefits and rights of business stakeholders. The mainstream practice is based on conventional ethical principles. The use Maqasid al-Shariah is limited to Shariah compliant enterprises due to the industrial requirements or the need to gain competitive advantage. The unique model operations of social enterprises that combines for-profit and not-for-profit objectives has elements of Maqasid al-Shariah for ethical decision making. Based on personal interview with social entrepreneurs, the use of Maqasid al-Shariah is related to the wellness, welfare, and well-being of social enterprises and the key stakeholders. The results of the study suggest there is intermediate impact in terms of triple bottom line and stakeholders’ approach to ethical decision making of social entrepreneurs. The study suggests the use of case study method for future research.
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format Proceeding Paper
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institution International Islamic University Malaysia
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language English
English
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publishDate 2017
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spelling iium-559512017-04-14T01:43:17Z http://irep.iium.edu.my/55951/ Impact of Maqasid Al-Shariah for ethical decision making among social entrepreneurs Mhd. Sarif, Suhaimi Ismail, Yusof Azan, Zaliza BP1 Islam H Social Sciences (General) Ethical decisions manifests the protection and preservation of benefits and rights of business stakeholders. The mainstream practice is based on conventional ethical principles. The use Maqasid al-Shariah is limited to Shariah compliant enterprises due to the industrial requirements or the need to gain competitive advantage. The unique model operations of social enterprises that combines for-profit and not-for-profit objectives has elements of Maqasid al-Shariah for ethical decision making. Based on personal interview with social entrepreneurs, the use of Maqasid al-Shariah is related to the wellness, welfare, and well-being of social enterprises and the key stakeholders. The results of the study suggest there is intermediate impact in terms of triple bottom line and stakeholders’ approach to ethical decision making of social entrepreneurs. The study suggests the use of case study method for future research. 2017 Proceeding Paper NonPeerReviewed application/pdf en http://irep.iium.edu.my/55951/18/55951.pdf application/pdf en http://irep.iium.edu.my/55951/3/ImpactDMICIJ.pdf Mhd. Sarif, Suhaimi and Ismail, Yusof and Azan, Zaliza (2017) Impact of Maqasid Al-Shariah for ethical decision making among social entrepreneurs. In: 6th International Conference on Islamic Jurisprudence (ICIJ2017), 21st-23rd February 2017, Kuala Lumpur, Malaysia. (Unpublished) http://www3.iium.edu.my/irkhs/icij2017/?Programme
spellingShingle BP1 Islam
H Social Sciences (General)
Mhd. Sarif, Suhaimi
Ismail, Yusof
Azan, Zaliza
Impact of Maqasid Al-Shariah for ethical decision making among social entrepreneurs
title Impact of Maqasid Al-Shariah for ethical decision making among social entrepreneurs
title_full Impact of Maqasid Al-Shariah for ethical decision making among social entrepreneurs
title_fullStr Impact of Maqasid Al-Shariah for ethical decision making among social entrepreneurs
title_full_unstemmed Impact of Maqasid Al-Shariah for ethical decision making among social entrepreneurs
title_short Impact of Maqasid Al-Shariah for ethical decision making among social entrepreneurs
title_sort impact of maqasid al-shariah for ethical decision making among social entrepreneurs
topic BP1 Islam
H Social Sciences (General)
url http://irep.iium.edu.my/55951/
http://irep.iium.edu.my/55951/
http://irep.iium.edu.my/55951/18/55951.pdf
http://irep.iium.edu.my/55951/3/ImpactDMICIJ.pdf