Prospects for achieving the Sustainable Development Goals 2030 Through A Proposed Halal Entrepreneurship Success Index (HESI)

The Global Islamic Economy Indicator recognizes Malaysia as a global leader of the Islamic/Halal economy. Malaysia is also expanding its Islamic Economy and Business Ecosystem. Accordingly, the Ministry of Entrepreneur Development (MED) in Malaysia aims to produce a million small and medium enterpri...

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Autores principales: Salaheldeen Mohamed, Battour Mohamed, Nazri Muhamad Azrin, Bustamam Ummi Salwa Ahmad
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Publicado: EDP Sciences 2021
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Acceso en línea:https://doaj.org/article/4dc1ec656a3248e380d800f1a19692f5
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spelling oai:doaj.org-article:4dc1ec656a3248e380d800f1a19692f52021-12-02T17:15:22ZProspects for achieving the Sustainable Development Goals 2030 Through A Proposed Halal Entrepreneurship Success Index (HESI)2261-242410.1051/shsconf/202112408001https://doaj.org/article/4dc1ec656a3248e380d800f1a19692f52021-01-01T00:00:00Zhttps://www.shs-conferences.org/articles/shsconf/pdf/2021/35/shsconf_icmesh2020_08001.pdfhttps://doaj.org/toc/2261-2424The Global Islamic Economy Indicator recognizes Malaysia as a global leader of the Islamic/Halal economy. Malaysia is also expanding its Islamic Economy and Business Ecosystem. Accordingly, the Ministry of Entrepreneur Development (MED) in Malaysia aims to produce a million small and medium enterprise (SME) entrepreneurs in 2019-2023. However, the Global Innovation Index in 2018 and 2019 ranked Malaysia in the 35th place globally, behind top Asian innovators like Singapore, South Korea, and Japan. This raises an important question: How can Malaysia foster its entrepreneurial economy using its advantageous position in the Halal industry? Malaysia must act now to prepare for a future led by innovation and technology. The country can use the Halal Entrepreneurship Success Scale to foster sustainable innovation and achieve the Sustainable Development Goals (SDGs). Measuring the success of Halal entrepreneurs in Malaysia can help it to achieve the SDGs. The religious background of Halal entrepreneurs motivates them to contribute positively to their society and environment. Halal entrepreneurship can be a driver of transformation that can help attain and deliver the SDGs while promoting sustainable economic growth. The findings of this paper can be useful to policy makers, regulators, practitioners, and academics.Salaheldeen MohamedBattour MohamedNazri Muhamad AzrinBustamam Ummi Salwa AhmadEDP SciencesarticleSocial SciencesHENFRSHS Web of Conferences, Vol 124, p 08001 (2021)
institution DOAJ
collection DOAJ
language EN
FR
topic Social Sciences
H
spellingShingle Social Sciences
H
Salaheldeen Mohamed
Battour Mohamed
Nazri Muhamad Azrin
Bustamam Ummi Salwa Ahmad
Prospects for achieving the Sustainable Development Goals 2030 Through A Proposed Halal Entrepreneurship Success Index (HESI)
description The Global Islamic Economy Indicator recognizes Malaysia as a global leader of the Islamic/Halal economy. Malaysia is also expanding its Islamic Economy and Business Ecosystem. Accordingly, the Ministry of Entrepreneur Development (MED) in Malaysia aims to produce a million small and medium enterprise (SME) entrepreneurs in 2019-2023. However, the Global Innovation Index in 2018 and 2019 ranked Malaysia in the 35th place globally, behind top Asian innovators like Singapore, South Korea, and Japan. This raises an important question: How can Malaysia foster its entrepreneurial economy using its advantageous position in the Halal industry? Malaysia must act now to prepare for a future led by innovation and technology. The country can use the Halal Entrepreneurship Success Scale to foster sustainable innovation and achieve the Sustainable Development Goals (SDGs). Measuring the success of Halal entrepreneurs in Malaysia can help it to achieve the SDGs. The religious background of Halal entrepreneurs motivates them to contribute positively to their society and environment. Halal entrepreneurship can be a driver of transformation that can help attain and deliver the SDGs while promoting sustainable economic growth. The findings of this paper can be useful to policy makers, regulators, practitioners, and academics.
format article
author Salaheldeen Mohamed
Battour Mohamed
Nazri Muhamad Azrin
Bustamam Ummi Salwa Ahmad
author_facet Salaheldeen Mohamed
Battour Mohamed
Nazri Muhamad Azrin
Bustamam Ummi Salwa Ahmad
author_sort Salaheldeen Mohamed
title Prospects for achieving the Sustainable Development Goals 2030 Through A Proposed Halal Entrepreneurship Success Index (HESI)
title_short Prospects for achieving the Sustainable Development Goals 2030 Through A Proposed Halal Entrepreneurship Success Index (HESI)
title_full Prospects for achieving the Sustainable Development Goals 2030 Through A Proposed Halal Entrepreneurship Success Index (HESI)
title_fullStr Prospects for achieving the Sustainable Development Goals 2030 Through A Proposed Halal Entrepreneurship Success Index (HESI)
title_full_unstemmed Prospects for achieving the Sustainable Development Goals 2030 Through A Proposed Halal Entrepreneurship Success Index (HESI)
title_sort prospects for achieving the sustainable development goals 2030 through a proposed halal entrepreneurship success index (hesi)
publisher EDP Sciences
publishDate 2021
url https://doaj.org/article/4dc1ec656a3248e380d800f1a19692f5
work_keys_str_mv AT salaheldeenmohamed prospectsforachievingthesustainabledevelopmentgoals2030throughaproposedhalalentrepreneurshipsuccessindexhesi
AT battourmohamed prospectsforachievingthesustainabledevelopmentgoals2030throughaproposedhalalentrepreneurshipsuccessindexhesi
AT nazrimuhamadazrin prospectsforachievingthesustainabledevelopmentgoals2030throughaproposedhalalentrepreneurshipsuccessindexhesi
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