Qualitative descriptive analysis reveals binding religious guidelines across major business operations in Islamic economic frameworks, highlighting ethical mandates for entrepreneurs.
The religion of Islam not only points to the relationship of the devotee with the Almighty Creator Allah and the worships that the devotee is obliged to, but also includes the regulatory principles for all aspects of life itself. Therefore, it would be a correct inference to say that the verses in the Holy Qur’an as the source of the religion of Islam, and the Sunnah which are thought to expresses the actions and sayings of the Prophet Muhammad as the prophet of the religion of Islam have drawn the framework of Islamic economic structure for social and economic activities as well. On the other side, the phenomenon of entrepreneurship, which is one of the fundamental dynamics of social and economic life, is among the subjects of interest of researchers interested in Islamic economy as Islam encourages entrepreneurship. In this context, in the study, where qualitative analysis method was adopted and descriptive analysis technique was used, since they contain the basic values on which the religion of Islam has built, the principles of entrepreneurship in Islamic economy are interpreted on the basis of the Holy Qur'an and the Sunnah. According to the findings, which are detailed under the predetermined themes as i) supply, finance, and accounting ii) production and service iii) marketing iv) human resources v) research and development vi) social responsibility vii) consumption, saving, and investment, it is concluded that the religion of Islam has some binding principles on entrepreneurship regarding all these themes.
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İlhan et al. (2020) studied this question.