An Overview of Women Entrepreneurship from Islamic Perspective

• Published in: Review of economics and development studies (Online) Vol. 6; no. 4; pp. 857 - 866
• Main Authors: Muhammad, Said, Ximei, Kong, Sharif, Ilyas, Haq, Zahoor ul
• Format: Journal Article
• Language: English
• Published: Multan South Punjab Center for Research and Development (SPCRD) 01.01.2020
• Subjects: Entrepreneurs; Entrepreneurship
• ISSN: 2519-9692; 2519-9706
• DOI: 10.47067/reads.v6i4.285

Islam has encouraged women to participate in entrepreneurial activities for economic prosperity and social growth. Nevertheless, their participation in economic activities is very lesser than men globally. Previously, the field of entrepreneurship has been regarded as a male dominant sector. Entrepreneurship flourishes due to economic, social, ethical, and environmental factors while the practice of Sharia principles works as a catalyst in this process. Women entrepreneurship helps in alleviating poverty and unemployment that leads to socio-economic prosperity in a country. The motivation of starting women businesses varies in different cultures and geographic regions. Women engagements in different business activities can not only empower them socially and financially but can also share the household economic burden with men. Furthermore, it will also help them to make their decisions independently. Their entrepreneurial income can be used for their children’s education, health, and the betterment of society. They can also use the option of partnership within the family for the financial and social network. The challenges faced by these women entrepreneurs can be handled with their family support. This review provides a general overview of concepts, motives, challenges, and the prospects of women entrepreneurship from an Islamic perspective.