Ta’awun-based social capital and business resilience for small businesses

This study explores the influence of ta’awun-based (an Islamic concept of mutual cooperation) social capital in business resiliency of small businesses. Ta’awun uses universal solidarity (ukhuwwah) through mutual assistance among stakeholders in providing both financial and non-financial capital in...

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Main Author:	Mhd. Sarif, Suhaimi
Format:	Article
Language:	English
Published:	KLIBEL 2015
Subjects:	HF5001 Business. Business Administration
Online Access:	http://irep.iium.edu.my/44744/ http://irep.iium.edu.my/44744/1/TaawunSEAJBEL7_Bus-19.pdf

id	iium-44744
recordtype	eprints
spelling	iium-447442015-09-17T12:52:48Z http://irep.iium.edu.my/44744/ Ta’awun-based social capital and business resilience for small businesses Mhd. Sarif, Suhaimi HF5001 Business. Business Administration This study explores the influence of ta’awun-based (an Islamic concept of mutual cooperation) social capital in business resiliency of small businesses. Ta’awun uses universal solidarity (ukhuwwah) through mutual assistance among stakeholders in providing both financial and non-financial capital in building business resilience for sustainable performance. This model provides contingency perspectives into the current business models with stakeholders’ social capital. Thus, the study argues that ta’awun-based social capital enables business resilience for small businesses. The study used personal interview with managers of 10 small businesses that have collaboration with the society to solicit their feedback on the practice of ta’awun-based social capital. The respondents contended that the ta’awun practice is on identified project or business that can bring mutual benefit to the business sectors, third sectors and the society. Indeed, the respondents argued that the inherited competitive nature of the business reduces for the ta’awun-based practices. Nevertheless, the results of the study are contextual-specified that cannot be generalized. The future research should use case study method to include more stakeholders as respondents. KLIBEL 2015-09-14 Article PeerReviewed application/pdf en http://irep.iium.edu.my/44744/1/TaawunSEAJBEL7_Bus-19.pdf Mhd. Sarif, Suhaimi (2015) Ta’awun-based social capital and business resilience for small businesses. South East Asia Journal of Contemporary Business, Economics and Law, 7 (2). pp. 24-34. ISSN 2289-1560
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HF5001 Business. Business Administration
spellingShingle	HF5001 Business. Business Administration Mhd. Sarif, Suhaimi Ta’awun-based social capital and business resilience for small businesses
description	This study explores the influence of ta’awun-based (an Islamic concept of mutual cooperation) social capital in business resiliency of small businesses. Ta’awun uses universal solidarity (ukhuwwah) through mutual assistance among stakeholders in providing both financial and non-financial capital in building business resilience for sustainable performance. This model provides contingency perspectives into the current business models with stakeholders’ social capital. Thus, the study argues that ta’awun-based social capital enables business resilience for small businesses. The study used personal interview with managers of 10 small businesses that have collaboration with the society to solicit their feedback on the practice of ta’awun-based social capital. The respondents contended that the ta’awun practice is on identified project or business that can bring mutual benefit to the business sectors, third sectors and the society. Indeed, the respondents argued that the inherited competitive nature of the business reduces for the ta’awun-based practices. Nevertheless, the results of the study are contextual-specified that cannot be generalized. The future research should use case study method to include more stakeholders as respondents.
format	Article
author	Mhd. Sarif, Suhaimi
author_facet	Mhd. Sarif, Suhaimi
author_sort	Mhd. Sarif, Suhaimi
title	Ta’awun-based social capital and business resilience for small businesses
title_short	Ta’awun-based social capital and business resilience for small businesses
title_full	Ta’awun-based social capital and business resilience for small businesses
title_fullStr	Ta’awun-based social capital and business resilience for small businesses
title_full_unstemmed	Ta’awun-based social capital and business resilience for small businesses
title_sort	ta’awun-based social capital and business resilience for small businesses
publisher	KLIBEL
publishDate	2015
url	http://irep.iium.edu.my/44744/ http://irep.iium.edu.my/44744/1/TaawunSEAJBEL7_Bus-19.pdf
first_indexed	2023-09-18T21:03:36Z
last_indexed	2023-09-18T21:03:36Z
_version_	1777410785958428672

Ta’awun-based social capital and business resilience for small businesses

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