The Sustainability of Muslim Women Entrepreneurs: A Case Study in Malaysia

Abstract

The number of women who engage in small entrepreneurs (SMEs) in Malaysia, Kelantan has a high number of Muslim businesswomen whose efforts have been in place for over ten years and their businesses are able to increase family income on sustainable. This paper aims to identify the types of sustainability activities undertaken by Muslim small business women in Kelantan and to analyse the factors that influence the viability of Muslim women entrepreneurs doing business there. A case study was conducted to answer the question of how Muslim women entrepreneurs can be sustainable in business. Interview respondents were selected from a random sampling conducted on 15 Muslim women entrepreneurs in Kelantan. These findings indicate the dry food product business is more sustainable than wet goods because the sale of dry goods is always in demand and does not require much initial capital. This study shows that the factors that influence the survival of Muslim women small entrepreneurs in Kelantan are divided into three categories i.e., First financial capital, the human capital of an inherited business and the family experience gained in the field plays a role. Last, the patient's spiritual element, which is deliberate and honest.

Evolution Sustainable Development Approach From Islamic Based Development Perspective

“…According to (14) sustainability will be achieved when essential principles such as peace, justice, and good governance (14). All these definitions show the importance of balance between human needs for wellbeing by maintaining environmental resources and ecosystems (2). Most of the definitions of sustainable development cover three main ideas that are mutually dependent on each other -environmental, economic and social.…”

“…In general sustainable development is a development that meets current and future needs to achieve sustainability between economic, social and environmental development without affecting the needs of the next generation (1), (2). Sustainable development has been highly regarded in development disciplines after severe pollution in the first world countries (3).…”

Mudharabah Deposits Among Conventional Bank Interest Rates, Profit-Sharing Rates, Liquidity and Inflation Rates

“…In the Islam religion, bank interest is haram and should not be collected related to the development, investment and profit-sharing (Hanif, 2014). In Hadith Ad-Daruquthni, Number: 3033 explained that The requirement to avoid usury and sin means that people who operate businesses and investment by unite and build strength (profit-sharing) by combining the persons having skills likely to improve small entrepreneurs (SMEs) and the persons having capital (Alwi, Sari, Hamat, & Doktoralina, 2019;Hanapi, Mastura, & Doktoralina, 2019;Rekarti, Bahari, Zahari, Doktoralina, & Ilias, 2019;Yai, 2019). This is the strength of the implementation of Islamic banks and one of the differences from conventional banks.…”

Impact of Psychological Characteristics on Business Performance of Muslim Women Entrepreneurs in Sri Lanka

“…In recent years, various forums such as the World Islamic Economic Forum (WIFE), Organization of Islamic Cooperation (OIC), Islamic Centre for Development of Trade (ICDT), Islamic Cooperation Youth Forum (ICYF) and the Global Islamic Economic Summit have focused on enhancing awareness of Islamic economics and empowering both men and woman Muslimpreneurs. Business activities are encouraged in Islam as a way to improve one's social and economic situation; the religion asserts that nine out of ten livelihood sources are derived from industry and entrepreneurship (Rekarti, Bahari, Zahari, Doktoralina, & Ilias, 2019). Allah SWT decreed in Sura An-Nisa (4:29) in the Al-Quran that trade and commerce make up a part of a believer's worship to Him.…”