Journal Screenshot

International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

Adoption of Islamic Business Ethics among Malay Entrepreneurs in Terengganu: An Insight from Qualitative Approach

Rossidi Usop, Fakhrul Anwar Zainol, Siti Fariha Muhamad

http://dx.doi.org/10.6007/IJARBSS/v8-i5/4485

Open access

This paper aims to understand the application of Islamic business ethics among Malay entrepreneurs. This research used in-depth interviews of Malay entrepreneurs located in Terengganu, the earliest state to receive Islam in Malaysia and is well-known in adopting the Islamic governance system. This qualitative study generally intends to analyze the implementation of the Islamic business ethics among the Malay entrepreneurs in Terengganu, based on four business functions which are production, consumption, transaction and distribution. The findings show that local entrepreneurs in Terengganu possess knowledge as well as awareness towards the practice and implementation of the ideal Islamic business practice by prioritizing the values in the four business functions discussed. Consequently, these practices contribute to their level of competitiveness compared to their other fellows.

Yusof, A. A. (2003). Prinsip Keusahawanan (Pertama). Prentice Hall.
Abeng, T. (1997). Business Ethics in Islamic Context: Perspectives of a Muslim Business Leader. Business Ethics Quarterly, 7(3), 47. https://doi.org/10.2307/3857312
Abuznaid, S. A. (2009). Business ethics in Islam: the glaring gap in practice. International Journal of Islamic and Middle Eastern Finance and Management, 2(4), 278–288. https://doi.org/10.1108/17538390911006340
Barjoyai, B. (2000). Ciri-ciri keusahawanan yang dinamik di dalam Islam. Seminar Kebangsaan “Sistem Ekonomi Islam,” 1–15.
Beekun, R. I. (1998). Etika Perniagaan Islam. (Zainab Abd.Kadir, Ed.) (Siri Pemba). The International Institute of Islamic Thought, Malaysia.
Beekun, R. I., & Badawi, J. A. (2005). Balancing ethical responsibility among multiple organizational stakeholders: The Islamic perspective. Journal of Business Ethics, 60(2), 131–145. https://doi.org/10.1007/s10551-004-8204-5
Faizal, M., & Khir, A. (2017). Pendekatan Normatif dalam Perbandingan Agama?: Suatu Analisis Terhadap al-Quran. KEMANUSIAAN, 24(1), 81–98.
Ismaeel, M., & Blaim, K. (2012). Toward applied Islamic business ethics: responsible halal business. Journal of Management Development, 31(10), 1090–1100. https://doi.org/10.1108/02621711211281889
Kalthom, A., & Ahmad, I. M. (2010). Compliance to Islamic marketing practices among businesses in Malaysia. Journal of Islamic Marketing, 1(3), 286–297. https://doi.org/10.1108/17590831011082446
Jasmi, K. A. (2012). Penyelidikan Kualitatif dalam Sains Sosial. Kursus Penyelidikan Kualitatif Siri 1. Retrieved from
http://eprints.utm.my/41090/2/KamarulAzmiJasmi2012_PenyelidikanKualitatifSainsSosial.pdf
Lebar, O. (2006). Penyelidikan Kualitatif Pengenalan Teori dan Metod (Cetakan Pe). Universiti Pendidikan Sultan Idris.
Aishah, N. B. (2013). Pendidikan Keusahawanan (Cetakan Pe). Universiti Kebangsaan Malaysia.
Idris, N. (2010). Penyelidikan Dalam Pendidikan. McGraw-Hill (Malaysia) Sdn.Bhd.
Quddus, M., Bailey III, H., & White, L. R. (2009). Business ethics: perspectives from Judaic, Christian, and Islamic scriptures. Journal of Management, Spirituality & Religion, 6(4), 323–334. https://doi.org/10.1080/14766080903290143
Rice, G. (1999). Islamic Ethics and the Implications for Business. Journal of Business Ethics, 18(4), 345–358. https://doi.org/papers2://publication/uuid/B0E5CE58-3D5F-4BFC-A271-F0782F2D10A5
Teddlie, C., & Yu, F. (2007). Mixed Methods Sampling: A Typology With Examples. Journal of Mixed Methods Research, 1(1), 77–100. https://doi.org/10.1177/2345678906292430
Tlaiss, H. A. (2014). How Islamic Business Ethics Impact Women Entrepreneurs: Insights from Four Arab Middle Eastern Countries. Journal of Business Ethics, 129(4), 859–877. https://doi.org/10.1007/s10551-014-2138-3
Tunggak, B., & Salamon, H. (2011). Budaya Usahawan Berjaya (Cetakan Pe). Universiti Teknologi Malaysia.
Al-Qaradhawi, Y. (2009). Ekonomi Islam Nilai dan Akhlak. (Mufti Labib & Arsil Ibrahim, Ed.) (Cetakan Pe). Yayasan Pembangunan Ekonomi Islam Malaysia (YaPEIM).

In-Text Citation: (Usop, Zainol, & Muhamad, 2018)
To Cite this Article: Usop, R., Zainol, F. A., & Muhamad, S. F. (2018). Adoption of Islamic Business Ethics among Malay Entrepreneurs in Terengganu: An Insight from Qualitative Approach. International Journal of Academic Research in Business and Social Sciences, 8(5), 1079–1089.