Islamic social enterprises in Bangladesh: Conceptual and institutional challenges

To date, very little attention has been given to Islamic social enterprise although it has huge potential within the context of third sector economy. Addressing this gap, taking Bangladesh as a point of departure, this paper explores how Islamic social enterprise can contribute to enhance the effect...

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Autor principal: Md. Fazla Mohiuddin
Formato: article
Lenguaje:EN
Publicado: Taylor & Francis Group 2017
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Acceso en línea:https://doaj.org/article/3f0c7053cc30403e8fec441509b2d4fb
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spelling oai:doaj.org-article:3f0c7053cc30403e8fec441509b2d4fb2021-12-02T10:44:30ZIslamic social enterprises in Bangladesh: Conceptual and institutional challenges2331-197510.1080/23311975.2017.1305674https://doaj.org/article/3f0c7053cc30403e8fec441509b2d4fb2017-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2017.1305674https://doaj.org/toc/2331-1975To date, very little attention has been given to Islamic social enterprise although it has huge potential within the context of third sector economy. Addressing this gap, taking Bangladesh as a point of departure, this paper explores how Islamic social enterprise can contribute to enhance the effectiveness of third sector economy. Drawing on lessons from different case studies, it finds that government of Bangladesh should provide a separate legal and regulatory environment for Islamic social enterprise for it to grow in size and scale. In addition to that, the paper came up with three themes which could provide crucial guidelines for Bangladeshi Islamic social enterprise to improve operation and effectiveness. These themes are: leveraging social capital, product and service innovation, and formation of apex institutional bodies. The paper ends with actionable and transparent policy and strategy recommendations for all the stakeholders.Md. Fazla MohiuddinTaylor & Francis Grouparticleislamic social enterprisesocial enterprisethird sector economysocial capitalproduct and service innovationislamic social enterprise regulationBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 4, Iss 1 (2017)
institution DOAJ
collection DOAJ
language EN
topic islamic social enterprise
social enterprise
third sector economy
social capital
product and service innovation
islamic social enterprise regulation
Business
HF5001-6182
Management. Industrial management
HD28-70
spellingShingle islamic social enterprise
social enterprise
third sector economy
social capital
product and service innovation
islamic social enterprise regulation
Business
HF5001-6182
Management. Industrial management
HD28-70
Md. Fazla Mohiuddin
Islamic social enterprises in Bangladesh: Conceptual and institutional challenges
description To date, very little attention has been given to Islamic social enterprise although it has huge potential within the context of third sector economy. Addressing this gap, taking Bangladesh as a point of departure, this paper explores how Islamic social enterprise can contribute to enhance the effectiveness of third sector economy. Drawing on lessons from different case studies, it finds that government of Bangladesh should provide a separate legal and regulatory environment for Islamic social enterprise for it to grow in size and scale. In addition to that, the paper came up with three themes which could provide crucial guidelines for Bangladeshi Islamic social enterprise to improve operation and effectiveness. These themes are: leveraging social capital, product and service innovation, and formation of apex institutional bodies. The paper ends with actionable and transparent policy and strategy recommendations for all the stakeholders.
format article
author Md. Fazla Mohiuddin
author_facet Md. Fazla Mohiuddin
author_sort Md. Fazla Mohiuddin
title Islamic social enterprises in Bangladesh: Conceptual and institutional challenges
title_short Islamic social enterprises in Bangladesh: Conceptual and institutional challenges
title_full Islamic social enterprises in Bangladesh: Conceptual and institutional challenges
title_fullStr Islamic social enterprises in Bangladesh: Conceptual and institutional challenges
title_full_unstemmed Islamic social enterprises in Bangladesh: Conceptual and institutional challenges
title_sort islamic social enterprises in bangladesh: conceptual and institutional challenges
publisher Taylor & Francis Group
publishDate 2017
url https://doaj.org/article/3f0c7053cc30403e8fec441509b2d4fb
work_keys_str_mv AT mdfazlamohiuddin islamicsocialenterprisesinbangladeshconceptualandinstitutionalchallenges
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