Muhammad’s conception of property as a bundle of rights – Benedikt Koehler

By Benedikt Koehler Property was first conceived of as a bundle of rights in early Islam. The legal instrument that crystallised this Islamic conception was the waqf, a legal entity delivering public welfare in accordance with the wishes of a benefactor. Trusts, which evolved in the thirteenth century, have a rationale analogous to that of waqfs, and in…

Details

Entrepreneurship from an Islamic Perspective – Ali Aslan Guemuesay

By Ali Aslan Guemuesay Research about the role of religion in entrepreneurship and more broadly management is sparse. In this conceptual article we complement existing entrepreneurship theory by examining entrepreneurship from an Islamic perspective (EIP). EIP is based on three interconnected pillars: the entrepreneurial, socio-economic/ethical and religio-spiritual. We outline how Islam shapes entrepreneurship at the…

Details