Riba has become an issue among entrepreneurs of Muhammadiyah since it was declared haram by the Majelis Tarjih Pimpinan Pusat Muhammadiyah. Psychological studies are needed to determine the motivational dynamics of entrepreneurs of Muhammadiyah about the practice of Riba in their entrepreneurial activities. This research was conducted through a qualitative research method with a phenomenological approach. Two participants were interviewed in a semi-structured manner and then analyzed. The study found six themes: the early entrepreneur drive, business management with Riba, risks and dilemmas, religious awareness, Muhammadiyah relationship, and finding meaning. Riba has an impact on changing the entrepreneurial orientation of Muhammadiyah entrepreneurs.
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Hamzah et al. (2022) studied this question.
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