Social entrepreneurship and sustainable competitive advantage: an Islamic perspective

This study evaluates from an Islamic perspective the role of social entrepreneurship in offering sustainable competitive advantage to firms. Social entrepreneurship is an integrated concept of commercial entrepreneurship that addresses the triple bottom line (3BL), namely profit, people and plane...

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Main Author:	Mhd. Sarif, Suhaimi
Format:	Conference or Workshop Item
Language:	English
Published:	2010
Subjects:	HC Economic History and Conditions
Online Access:	http://irep.iium.edu.my/22679/ http://irep.iium.edu.my/22679/1/235-236.pdf

id	iium-22679
recordtype	eprints
spelling	iium-226792012-04-12T08:45:17Z http://irep.iium.edu.my/22679/ Social entrepreneurship and sustainable competitive advantage: an Islamic perspective Mhd. Sarif, Suhaimi HC Economic History and Conditions This study evaluates from an Islamic perspective the role of social entrepreneurship in offering sustainable competitive advantage to firms. Social entrepreneurship is an integrated concept of commercial entrepreneurship that addresses the triple bottom line (3BL), namely profit, people and planet. Thus, it provides better position for firms to outcompete the rivals on long term basis. Meeting the needs of the stakeholders’ needs (including the natural environment) is vital to ensure sustainability. This concept is in line with Islamic perspective that emphasized on Tawhidic (oneness of Allah) paradigm, the fiduciary role as servant and vicegerent of Allah, and the relationship with other creatures. The Islamic perspective also views to sustain competitive advantage through social entrepreneurship is the integration of the belief system of Islam, organizational realities, and the nature of man. Man plays a critical role in integrating Islam into organizational realities. Hence, the most apparent element that needs to be Islamized is man who is managing, coordinating, and making the objectives a successful reality. The Qur’an has outlined ways and means of managing competitiveness that established justice, fairness and harmony. 2010 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/22679/1/235-236.pdf Mhd. Sarif, Suhaimi (2010) Social entrepreneurship and sustainable competitive advantage: an Islamic perspective. In: IIUM Research, Innovation & Invention Exhibition (IRIIE 2010), 26 - 27 January 2010, Kuala Lumpur.
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HC Economic History and Conditions
spellingShingle	HC Economic History and Conditions Mhd. Sarif, Suhaimi Social entrepreneurship and sustainable competitive advantage: an Islamic perspective
description	This study evaluates from an Islamic perspective the role of social entrepreneurship in offering sustainable competitive advantage to firms. Social entrepreneurship is an integrated concept of commercial entrepreneurship that addresses the triple bottom line (3BL), namely profit, people and planet. Thus, it provides better position for firms to outcompete the rivals on long term basis. Meeting the needs of the stakeholders’ needs (including the natural environment) is vital to ensure sustainability. This concept is in line with Islamic perspective that emphasized on Tawhidic (oneness of Allah) paradigm, the fiduciary role as servant and vicegerent of Allah, and the relationship with other creatures. The Islamic perspective also views to sustain competitive advantage through social entrepreneurship is the integration of the belief system of Islam, organizational realities, and the nature of man. Man plays a critical role in integrating Islam into organizational realities. Hence, the most apparent element that needs to be Islamized is man who is managing, coordinating, and making the objectives a successful reality. The Qur’an has outlined ways and means of managing competitiveness that established justice, fairness and harmony.
format	Conference or Workshop Item
author	Mhd. Sarif, Suhaimi
author_facet	Mhd. Sarif, Suhaimi
author_sort	Mhd. Sarif, Suhaimi
title	Social entrepreneurship and sustainable competitive advantage: an Islamic perspective
title_short	Social entrepreneurship and sustainable competitive advantage: an Islamic perspective
title_full	Social entrepreneurship and sustainable competitive advantage: an Islamic perspective
title_fullStr	Social entrepreneurship and sustainable competitive advantage: an Islamic perspective
title_full_unstemmed	Social entrepreneurship and sustainable competitive advantage: an Islamic perspective
title_sort	social entrepreneurship and sustainable competitive advantage: an islamic perspective
publishDate	2010
url	http://irep.iium.edu.my/22679/ http://irep.iium.edu.my/22679/1/235-236.pdf
first_indexed	2023-09-18T20:34:31Z
last_indexed	2023-09-18T20:34:31Z
_version_	1777408956459646976

Social entrepreneurship and sustainable competitive advantage: an Islamic perspective

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