Good governance of social entrepreneurship from Maqasid Al-Shari’ah

The study explores the management of good governance of social entrepreneurship from Maqasid al-Shariah perspectives. Management of good governance of social entrepreneurship from Maqasid al-Shariah implies moderation (wasatiyyah). This framework allows social entrepreneurship with profit and non-pr...

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Main Authors: Ismail, Yusof, Mhd. Sarif, Suhaimi, Azan, Zaliza
Format: Proceeding Paper
Language:English
Published: Zes Rokman Resources 2017
Subjects:
Online Access:http://irep.iium.edu.my/55952/
http://irep.iium.edu.my/55952/30/55952.pdf
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author Ismail, Yusof
Mhd. Sarif, Suhaimi
Azan, Zaliza
author_facet Ismail, Yusof
Mhd. Sarif, Suhaimi
Azan, Zaliza
author_sort Ismail, Yusof
building IIUM Repository
collection Online Access
description The study explores the management of good governance of social entrepreneurship from Maqasid al-Shariah perspectives. Management of good governance of social entrepreneurship from Maqasid al-Shariah implies moderation (wasatiyyah). This framework allows social entrepreneurship with profit and non-profit agenda to be managed with moderate approach of Maqasid al-Shariah. The regulatory framework under traditional maqasid is perceived to be of rigid and reduces flexibility and the hybrid model of corporate entities in social entrepreneurship. Wasatiyyah enables moderate guidelines, just and balanced in formulating, executing and evaluating strategies, plans, and activities. The presence of wasatiyyah of Maqasid al-Shariah is apparent in Malaysian economic contexts have incorporated the essence of wasatiyyah through the consistent objectives to eradicate poverty, maintain national unity and increase wealth of the nation. Theoretically, good governance with Maqasid al-Shariah and wasatiyyah approaches allows flexible and focused for all enterprises to perform better. Social entrepreneurship with the hybrid corporate objectives require corporate governance with Maqasid al Shariah regulatory framework and wasatiyyah approach.
first_indexed 2025-11-14T16:40:43Z
format Proceeding Paper
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institution International Islamic University Malaysia
institution_category Local University
language English
last_indexed 2025-11-14T16:40:43Z
publishDate 2017
publisher Zes Rokman Resources
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spelling iium-559522017-04-14T08:10:48Z http://irep.iium.edu.my/55952/ Good governance of social entrepreneurship from Maqasid Al-Shari’ah Ismail, Yusof Mhd. Sarif, Suhaimi Azan, Zaliza HF5387 Business ethics The study explores the management of good governance of social entrepreneurship from Maqasid al-Shariah perspectives. Management of good governance of social entrepreneurship from Maqasid al-Shariah implies moderation (wasatiyyah). This framework allows social entrepreneurship with profit and non-profit agenda to be managed with moderate approach of Maqasid al-Shariah. The regulatory framework under traditional maqasid is perceived to be of rigid and reduces flexibility and the hybrid model of corporate entities in social entrepreneurship. Wasatiyyah enables moderate guidelines, just and balanced in formulating, executing and evaluating strategies, plans, and activities. The presence of wasatiyyah of Maqasid al-Shariah is apparent in Malaysian economic contexts have incorporated the essence of wasatiyyah through the consistent objectives to eradicate poverty, maintain national unity and increase wealth of the nation. Theoretically, good governance with Maqasid al-Shariah and wasatiyyah approaches allows flexible and focused for all enterprises to perform better. Social entrepreneurship with the hybrid corporate objectives require corporate governance with Maqasid al Shariah regulatory framework and wasatiyyah approach. Zes Rokman Resources 2017 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/55952/30/55952.pdf Ismail, Yusof and Mhd. Sarif, Suhaimi and Azan, Zaliza (2017) Good governance of social entrepreneurship from Maqasid Al-Shari’ah. In: 3rd Kuala Lumpur International Islamic Studies and Civilisations Conference, 25th-26th February 2017, Kuala Lumpur.
spellingShingle HF5387 Business ethics
Ismail, Yusof
Mhd. Sarif, Suhaimi
Azan, Zaliza
Good governance of social entrepreneurship from Maqasid Al-Shari’ah
title Good governance of social entrepreneurship from Maqasid Al-Shari’ah
title_full Good governance of social entrepreneurship from Maqasid Al-Shari’ah
title_fullStr Good governance of social entrepreneurship from Maqasid Al-Shari’ah
title_full_unstemmed Good governance of social entrepreneurship from Maqasid Al-Shari’ah
title_short Good governance of social entrepreneurship from Maqasid Al-Shari’ah
title_sort good governance of social entrepreneurship from maqasid al-shari’ah
topic HF5387 Business ethics
url http://irep.iium.edu.my/55952/
http://irep.iium.edu.my/55952/30/55952.pdf