Purpose – The purpose of this paper is to develop traits and model of entrepreneurship development from Islamic point of view. Design/methodology/approach – The study is descriptive, in so far as its goal is to describe a method, and the nature of the paper is conceptual. The study draws on secondary materials through library research. Findings – In this paper both the traits as well as model of entrepreneurship are developed from Islamic perspective. The salient traits are knowledge, initiative, risk taking, customer orientation, employee involvement, strategic thinking, fear of Allah, hard working, innovativeness, excellence, honesty and truthfulness, morality, vision, optimism, patience, social welfare, Halal earnings and economical. The model would be used for developing entrepreneurship from Islamic perspective by performing various types of activities relating to the phases of preparatory and awareness development, support and motivation and feedback. Research limitations/implications – The paper has implications for government, potential entrepreneurs and existing entrepreneurs of Muslim countries representing one fourth of the world population. It is also expected that the study will help and encourage Islamic scholars to think over the matter and make them more aware in developing entrepreneurship based on Quran and Sunna in the modern business world. Practical implications – The findings of this research can be used as a guide to develop entrepreneurship in Muslim countries from Islamic point of view. The study could have practical implications falling within the purview of social sciences such as economics, business studies, public administration, political science, development studies, sociology, law, Quranic science, industrial management, education and human resource management. Originality/value – While many studies, partially, have focussed on traditional entrepreneurship sparing the demand of Muslim world, in this paper, the authors open a new avenue contributing to the literature on entrepreneurship development from Islamic perspective. The proposed model will be of genuine interest and benefits to government as prime policymaker, existing entrepreneurs, potential entrepreneurs, Islamic scholars and academicians.

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The goal of this study is to determine the Role of Islamic Micro Finance in Alleviating Poverty, a study on RDS (Rural Development Scheme) of the Islamic Bank Bangladesh Limited. The study employed interview method, descriptive statistics, T-test, Chi-squared test, and multiple regression analysis to investigate a total of 328 samples (RDS borrowers). The sample has been purposefully selected for the study from two districts of Rajshahi division of Bangladesh. The results of our study indicate that in any category having an income level of more than 5001 to 10000, after access to the RDS scheme of IBBL, overall, 72% of respondent’s income increased. In the case of impact analysis of the program on poverty alleviation, the results of the statistical analysis (regression model) revealed that there is a significant impact of the Rural Development Scheme (RDS) on poverty alleviation (P-value-0.000).

Data envelopment analysis (DEA) is one of the most prominent productivity analysis model which measures overall performance of a firm based on specified input and output factors considering time series data. Power and energy sector of Bangladesh are controlled by both state owned and institutional ownership. The aim of the study is to assess Productivity performance of privately owned power and energy sector of Bangladesh by considering salaries and operating expenditure as input factors and revenue profit and total asset are output factors of eleven companies listed under Chittagong Stock Exchange (CSE) of Bangladesh. Malmquist output oriented productivity analysis was used to examine six years’ time series data, finds that total factor productivity of power and energy sector under private ownership is increased by 2.5% indicating firms overall efficiency is increased within sample period of time. The limitation of study is that long term time series data and state owned Organization are not considered in this study. Further research may be carried out considering both state owned and privatized institutions as well as more input-output variables may be used to examine the effectiveness of this sector on the whole economy.