Effects of Islamic beliefs on fostering entrepreneurial actions : an exploratory study

Abstract: Purpose The purpose of the paper is to offer insights into the effects of Islamic beliefs on fostering entrepreneurial actions. Design / methodology /approach This paper is based on Islamic literature on the religion. Islam’s views on Shariah. Islamic entrepreneurship, insights of models of Islamic entrepreneurship. The areas of Muslim family SMEs or larger private business and their involvement in entrepreneurship. The aim is to explain how they apply Shariah and how they acquire Spiritual capitial. Findings This paper recognises the view of Islam as both a faith and human actions. It professes that this view ought to be the starting point of clinical analysis on the crossroads of Islam and Entrepreneurship. It also found the integration Muslim family business and Islamic entrepreneurship. Based on the premise of Islam as a belief system and a entrepreneurship as part human actions, it thus ,provides future directions for critical research to explore the questions of “ what , why, and how” how Islam can contribute to the fostering entrepreneurial theory and practice