Significance of financial literacy among women entrepreneurs on Halal business

Muslim women have created a unique space for them in the economy by advocating halal entrepreneurship. Islam has encouraged women to engage in business activities. However, Muslim women are struggling to gain acknowledgement from society and face multiple challenges, including limitations in running...

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Bibliographic Details
Main Authors: Fatah Yasin, Raudlotul Firdaus, Mahmud, Mek Wok, Diniyya, Aulia Arifatu
Format: Article
Language:English
Published: HH Publisher 2020
Subjects:
Online Access:http://irep.iium.edu.my/80319/
http://irep.iium.edu.my/80319/1/80319_Significance%20of%20Financial%20Literacy%20among%20Women.pdf
Description
Summary:Muslim women have created a unique space for them in the economy by advocating halal entrepreneurship. Islam has encouraged women to engage in business activities. However, Muslim women are struggling to gain acknowledgement from society and face multiple challenges, including limitations in running the business. Besides the gender gap that is prevalent globally, women also have limited knowledge about business. They run the business based on their informal managerial experience and little under�standing of financial literacy. This study identifies the characteristics of Muslim women entrepreneurs who engage in entrepreneur�ship as well as their challenges in running the business.