Prof. Dr. Usama Alani
Halal Entrepreneurship (HE) is gaining momentum in Muslim societies, and research on the financing role of waqf in the financing of entrepreneurship accompanies this trend. This research, therefore, aims to analyze the phenomenon of halal entrepreneurship (HE) by comparing it to the conventional framework, as well as to discuss the essence of the venture waqf (VW) phenomenon. Also, it aims to propose a new entity of financing and support for halal entrepreneurship through Incubator of waqf (IW).
Dr. Khairunnisa Musari and Dr. Fatima Sayah
Islamic social finance has played an important role in the socio-economic development of Islamic civilization. This research endeavors to expand on the Islamic Triple Helix ‘(Islamic) Government – (Islamic) Industry – (Islamic) Civil Society’ as a generic scheme of the Islamic social finance partnership model by reconfirming this model for micro-entrepreneurship in Indonesia and Algeria. By using the purposive, this research analyzes micro-entrepreneurship, including micro-projects and micro and small enterprises that received funding from national zakat authority in Indonesia (National Board of Zakat – BAZNAS) and in Algeria (Ministry of Religious Affairs and Wakfs). The analysis will focus mainly on three issues: (1) describing the fact and figures of Islamic social finance in Indonesia and Algeria; (2) describing the financing and empowering micro-entrepreneurship by Islamic social finance in Indonesia and Algeria; and (3) mapping the Islamic Helix of micro-entrepreneurship in Indonesia and Algeria.
Dr. Adil Zarfi, Ms. Noora Al Suwaidi and Dr. Nasim Shirazi
An entrepreneurial ecosystem may be described as the unique system or the conducive environment that supports businesses’ formation, development, and sustainability. Qatar has several sectoral sponsored ecosystems intended to nurture entrepreneurialism as a part of its Qatar National Vision of 2030, which represents a cornerstone element in its economic diversification strategy. This research seeks to analyze them according to Isensberg’s (2011) six critical domains that ensure sustainability: policy, finance, culture, supports, human capital, and markets. The objective is to determine if an open ecosystem model would improve the relationships between these siloed ecosystems to respond to environmental and internal disruptors and limitations to effectiveness and ultimately deliver more success stories in the startup communities across the sectors. It is hypothesized that through an open innovation system, competition and collaboration would result in accelerated growth, revenue implosion, and sustainable development for the key ecosystem stakeholders. In light of the varying ecosystems performance and contemporary academic literature, this research will be able to put forth recommendations that impact the policies and cultures of the ecosystems, which would lead to expanded interdependence, streamlined offerings, and cost efficiencies, ultimately delivering more for less.
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