Examining new measure of asnaf muslimpreneur success model: A maqasid perspective

This study aims to investigate mustahiq business success using a newly developed index called asnaf muslimpreneur success index (AMSi). Following Abu Zaharah theory of al-Maqasid al-Shariah, the authors developed the AMSi through literature analyses and expert judges involving three Shariah scholars...

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Main Author: Hanudin Amin
Format: Article
Language:English
English
Published: Emerald Group Publishing Limited 2022
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/33392/1/Examining%20new%20measure%20of%20asnaf%20muslimpreneur%20success%20model%2C%20A%20maqasid%20perspective.ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/33392/2/Examining%20new%20measure%20of%20asnaf%20muslimpreneur%20success%20model%2C%20a%20Maqasid%20perspective.pdf
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author Hanudin Amin
author_facet Hanudin Amin
author_sort Hanudin Amin
collection UMS
description This study aims to investigate mustahiq business success using a newly developed index called asnaf muslimpreneur success index (AMSi). Following Abu Zaharah theory of al-Maqasid al-Shariah, the authors developed the AMSi through literature analyses and expert judges involving three Shariah scholars for improved extensions and applications. Subsequently, the authors conducted the actual survey, which included 17 mustahiq who had been assisted by the zakat institution in running their small and halal businesses in Sabah, Malaysia. Using the AMSi, the success of asnaf businesses was in the moderate index, implying the success meets the index score of more than 50%. All indexes capturing asnafs’ business experience, asnafs’ business justice, asnafs’ well-being and asnafs’ financial wisdom were greater than the threshold value of 0.5 or 50%, implying that the interaction of the battery items involved in those variables resulted in satisfactory results, indicating that they are relevant and essential in gauging the asnafs’ success level in the development business programme. The results obtained were at the exploratory level, and for that, more studies related are expected to be conducted in the future, where the coverage of the respondents used is larger to extend the findings, at least. The results obtained can become a yardstick to gauge the success of asnaf muslimpreneurs in Sabah, East Malaysia. This study introduces new measures of asnaf muslimpreneur success model, where mustahiq business is brought into play.
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spelling ums.eprints-333922022-07-20T12:27:48Z https://eprints.ums.edu.my/id/eprint/33392/ Examining new measure of asnaf muslimpreneur success model: A maqasid perspective Hanudin Amin BP1-253 Islam HF5001-6182 Business This study aims to investigate mustahiq business success using a newly developed index called asnaf muslimpreneur success index (AMSi). Following Abu Zaharah theory of al-Maqasid al-Shariah, the authors developed the AMSi through literature analyses and expert judges involving three Shariah scholars for improved extensions and applications. Subsequently, the authors conducted the actual survey, which included 17 mustahiq who had been assisted by the zakat institution in running their small and halal businesses in Sabah, Malaysia. Using the AMSi, the success of asnaf businesses was in the moderate index, implying the success meets the index score of more than 50%. All indexes capturing asnafs’ business experience, asnafs’ business justice, asnafs’ well-being and asnafs’ financial wisdom were greater than the threshold value of 0.5 or 50%, implying that the interaction of the battery items involved in those variables resulted in satisfactory results, indicating that they are relevant and essential in gauging the asnafs’ success level in the development business programme. The results obtained were at the exploratory level, and for that, more studies related are expected to be conducted in the future, where the coverage of the respondents used is larger to extend the findings, at least. The results obtained can become a yardstick to gauge the success of asnaf muslimpreneurs in Sabah, East Malaysia. This study introduces new measures of asnaf muslimpreneur success model, where mustahiq business is brought into play. Emerald Group Publishing Limited 2022 Article PeerReviewed text en https://eprints.ums.edu.my/id/eprint/33392/1/Examining%20new%20measure%20of%20asnaf%20muslimpreneur%20success%20model%2C%20A%20maqasid%20perspective.ABSTRACT.pdf text en https://eprints.ums.edu.my/id/eprint/33392/2/Examining%20new%20measure%20of%20asnaf%20muslimpreneur%20success%20model%2C%20a%20Maqasid%20perspective.pdf Hanudin Amin (2022) Examining new measure of asnaf muslimpreneur success model: A maqasid perspective. Journal of Islamic Accounting and Business Research, 13 (4). pp. 596-622. ISSN 1759-0817 https://www.emerald.com/insight/content/doi/10.1108/JIABR-04-2021-0116/full/html https://doi.10.1108/JIABR-04-2021-0116 https://doi.10.1108/JIABR-04-2021-0116
spellingShingle BP1-253 Islam
HF5001-6182 Business
Hanudin Amin
Examining new measure of asnaf muslimpreneur success model: A maqasid perspective
title Examining new measure of asnaf muslimpreneur success model: A maqasid perspective
title_full Examining new measure of asnaf muslimpreneur success model: A maqasid perspective
title_fullStr Examining new measure of asnaf muslimpreneur success model: A maqasid perspective
title_full_unstemmed Examining new measure of asnaf muslimpreneur success model: A maqasid perspective
title_short Examining new measure of asnaf muslimpreneur success model: A maqasid perspective
title_sort examining new measure of asnaf muslimpreneur success model a maqasid perspective
topic BP1-253 Islam
HF5001-6182 Business
url https://eprints.ums.edu.my/id/eprint/33392/1/Examining%20new%20measure%20of%20asnaf%20muslimpreneur%20success%20model%2C%20A%20maqasid%20perspective.ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/33392/2/Examining%20new%20measure%20of%20asnaf%20muslimpreneur%20success%20model%2C%20a%20Maqasid%20perspective.pdf
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