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008 180426b ||||| |||| 00| 0 eng d
100 _aIrfan, Mohammad
_931353
245 _aEconomic and Sustainable Development of Entrepreneurial Practices : A Philanthropic Approach of Islamic Finance in India
300 _a58-67 P.
520 _aThe biggest contribution of Islamic economics, commerce, and business is to entrepreneurship. There are many successful Muslim entrepreneurs in the world. Islam always encourages Muslims to be innovative, creative, and to have active participation as entrepreneurs. The objective of this study was to provide an overview of the conceptual cum - practical aspects of Islam on entrepreneurship and venture capital in India. The well - known contracts of raising and mobilizing venture capital in Islam are known as mudarabah (special partnership) and musharaka (equity partnership). These contracts are functioning under assistance of multi cooperative credit societies in different states of India. It was concluded that there is a huge potential for Islamic products in India, which is the third largest Muslim populated country. It was suggested that by keeping eyes on Shariah compliant products, one can seek future business opportunities in India.
653 _aBusiness Ethics
653 _aIslamic Entrepreneur,
653 _aIslamic Venture Capital
653 _aSustainable Economic Development
700 _aTanwar, Sunita
_931354
773 0 _029162
_970317
_aGilani, S.
_dNEW DELHI ARTHSHASTRA INDIAN JOURNAL OF ECONOMICS AND RESEARCH 2012
_o5558662
_tARTHSHASTRA INDIAN JOURNAL OF ECONOMICS AND RESEARCH
_x2278-1811
942 _2ddc
_cJA-ARTICLE