SpringerLink
Log in

Halal Entrepreneurship in Islamic Digital Economy from a Cultural Perspective

  • Chapter
  • First Online:
Contemporary Discourse of Halal and Islamic Entrepreneurship

  • 88 Accesses

Abstract

This chapter discusses the link between Halal Entrepreneurship (HE) and the Islamic Digital Economy (IDE) from a cultural perspective. Using a qualitative research method, we provide answers to the research questions through critical discourse analysis (CDA). We selected 76 scholarly articles and texts from the Google Scholar database using a perfect blend of the purposive sampling technique and inclusion/exclusion criteria. Three findings emerged from the CDA. First, HE in Islamic discourse refers to an alternative way of establishing and running a business in accordance with Shari’ah principles to provide Halal products and services, while IDE refers to all Shari’ah-compliant economic activities in the regulated digital space. Second, the relationship between HE and IDE is complementary; the latter provides a digital backbone through e-commerce, e-wallet transactions, and fintech for the former to operate effectively and achieve the double prosperity of Al-Falah. Third, from four cultural perspectives, the interconnectedness of HE and IDE is expected to have a positive impact on the production of Halal products and services, sales and marketing, internationalization, market visibility, the ability to reach broader customer segments, and better access to fintech, leading to the achievement of Al-Falah (double prosperity) and economic growth. The originality of this chapter stems from the fact that there are very few academic resources that discuss HE and IDE from cultural perspectives. Arguably, the chapter offers relatively new insights and implications.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution

Subscribe and save

Springer+ Basic
EUR 32.99 /Month
  • Get 10 units per month
  • Download Article/Chapter or Ebook
  • 1 Unit = 1 Article or 1 Chapter
  • Cancel anytime
Subscribe now

Buy Now

Chapter
GBP 19.95
Price includes VAT (United Kingdom)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
GBP 95.50
Price includes VAT (United Kingdom)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
GBP 119.99
Price includes VAT (United Kingdom)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free ship** worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Similar content being viewed by others

References

  • Abdul Rahman, N. A., Mohammad, M. F., Abdul Rahim, S., & Mohd Noh, H. (2018). Implementing air cargo halal warehouse: Insight from Malaysia. Journal of Islamic Marketing, 9(3), 462–483.

    Article  Google Scholar 

  • Abdullah, M. A., & Azam, M. S. E. (2020). Halal entrepreneurship from Maqasid-al-Sharia’h perspective: Inseparable concept for Halalpreneurs. Food Research, 4(1), 34–42.

    Article  Google Scholar 

  • Abdullah, M. A., & Azam, M. S. E. (2021). Halal entrepreneurship: Concept and business opportunities. In Entrepreneurship. IntechOpen. https://doi.org/10.5772/intechopen.93657

  • Abdullah, S., & Oseni, U. A. (2017). Towards a shari’ah-compliant equity-based crowdfunding for the halal industry in Malaysia. International Journal of Business and Society, 18(S1), 223–240.

    Google Scholar 

  • Addiarrahman, I. Y. (2022). Halal industry in Javanese culture: Yogyakarta regional government policy in obtaining its economic values. Inferensi, 16(1), 151–174.

    Article  Google Scholar 

  • Al Amin, M., Arefin, M. S., Sultana, N., Islam, M. R., Jahan, I., & Akhtar, A. (2020). Evaluating the customers’ dining attitudes, e-satisfaction and continuance intention toward mobile food ordering apps (MFOAs): Evidence from Bangladesh. European Journal of Management and Business Economics, 30(2), 211–229.

    Article  Google Scholar 

  • Amir, H., & Abdukic, A. (2021). The spiritual nature based on ethics in the halal entrepreneurial industry. Turkish Online Journal of Qualitative Inquiry, 12(10), 6212–6236.

    Google Scholar 

  • Amrin, A., Priyono, A., Supriyanto, S., & Nurrahmania, N. (2022). Analysis of local wisdom in Bima community marriage (study of socio-cultural values). Legal Brief, 11(4), 2418–2425.

    Google Scholar 

  • Aouissi, A. (2023). The Islamic economic system from a normative point of view design based on questionnaire tool. Journal of Islamic Economics, 3(1), 1–30.

    Google Scholar 

  • Arafah, B., Hasjim, M., & Arafah, A. N. B. (2023). Cultural relations among speakers of south halmahera languages. Theory and Practice in Language Studies, 13(1), 168–174.

    Article  Google Scholar 

  • Ausat, A. M. A., Al Bana, T., & Gadzali, S. S. (2023). Basic capital of creative economy: The role of intellectual, social, cultural, and institutional capital. Apollo: Journal of Tourism and Business, 1(2), 42–54.

    Google Scholar 

  • Azam, M. S. E., & Abdullah, M. A. (2020). Global halal industry: Realities and opportunities. IJIBE (international Journal of Islamic Business Ethics), 5(1), 47–59.

    Article  Google Scholar 

  • Aziz, T., Khan, M. G. U., Islam, M. T., & Pradhan, M. A. H. (2022). An analysis on the relationship between ICT, financial development and economic growth: Evidence from Asian develo** countries. The Journal of International Trade & Economic Development, 1–17.

    Google Scholar 

  • Bakar, N. A., Rosbi, S., & Uzaki, K. (2020). E-wallet transactional framework for digital economy: A perspective from Islamic financial engineering. International Journal of Management Science and Business Administration, 6(3), 50–57.

    Article  Google Scholar 

  • Barata, A. (2019). Strengthening national economic growth and equitable income through sharia digital economy in Indonesia. Journal of Islamic Monetary Economics and Finance, 5(1), 145–168.

    Article  Google Scholar 

  • Bate, A. F. (2023). Unearthing the contextual influence of national culture on entrepreneurship: Systematic literature review. Research Square, 1(1), 1–31. https://doi.org/10.21203/rs.3.rs-2420126/v1

  • Battour, M., Salaheldeen, M., & Mady, K. (2021). Halal tourism: exploring innovative marketing opportunities for entrepreneurs. Journal of Islamic Marketing, Ahead-of-Print (Ahead-of-Print). https://doi.org/10.1108/JIMA-06-2020-0191

  • Bermeo, J. O., & Perez, M. A. (2023). Trends in human talent management of and impact on inclusive organizational culture. In Handbook of Research on Promoting an Inclusive Organizational Culture for Entrepreneurial Sustainability (pp. 241–263). IGI Global.

    Google Scholar 

  • Biancone, P. P., Secinaro, S., & Kamal, M. (2019). Crowdfunding and Fintech: Business model sharia compliant. European Journal of Islamic Finance (12).

    Google Scholar 

  • Brannen, M. Y., & Peterson, M. F. (2009). Merging without alienating: Interventions promoting cross-cultural organizational integration and their limitations. Journal of international business studies, 40, 468–489.

    Google Scholar 

  • Briant Carant, J. (2017). Unheard voices: A critical discourse analysis of the Millennium Development Goals’ evolution into the Sustainable Development Goals. Third World Quarterly, 38(1), 16–41.

    Article  Google Scholar 

  • Bukht, R., & Heeks, R. (2017). Defining, conceptualising and measuring the digital economy (Development Informatics working paper no. 68).

    Google Scholar 

  • Campagnolo, D., & Vincenti, G. (2022). Cross-border M&As: The impact of cultural friction and CEO change on the performance of acquired companies. Journal of International Management, 28(4), 100942.

    Article  Google Scholar 

  • Damit, D. H. D. A., Harun, A., & Martin, D. (2017). Key challenges and issues consumer face in consuming halal product. International Journal of Academic Research in Business and Social Sciences, 7(11), 590–598.

    Article  Google Scholar 

  • Denison, D., Nieminen, L., & Kotrba, L. (2014). Diagnosing organizational cultures: A conceptual and empirical review of culture effectiveness surveys. European Journal of Work and Organizational Psychology, 23(1), 145–161.

    Google Scholar 

  • Elasrag, H. (2016). Halal industry: Key challenges and opportunities. MPRA Paper No. 69631. Munich Personal RePEc Archive. https://mpra.ub.uni-muenchen.de/69631/1/MPRA_paper_69631.pdf

  • El-Masri, J. A., & Matkó, A. (2022). The importance of Toyota Kata in organizational development and sustainable improvement. Network Intelligence Studies, 10(19), 35–51.

    Google Scholar 

  • Faizal, P. R. M., Ridhwan, A. A. M., & Kalsom, A. W. (2013). The entrepreneurs characteristic from al-Quran and al-Hadis. International Journal of Trade, Economics and Finance, 4(4), 191.

    Article  Google Scholar 

  • Fey, C. F., & Denison, D. R. (2003). Organizational culture and effectiveness: Can American theory be applied in Russia? Organization Science, 14, 686–706.

    Article  Google Scholar 

  • George Mwangi, C. A., Latafat, S., Hammond, S., Kommers, S., Thoma, H., Berger, J., & Blanco-Ramirez, G. (2018). Criticality in international higher education research: A critical discourse analysis of higher education journals. Higher Education, 76, 1091–1107.

    Google Scholar 

  • Handy, C. (1993). Understanding Organizations 4th Edition. Penguin, London-UK.

    Google Scholar 

  • Handy, C. (2007). Understanding organisations. Penguin.

    Google Scholar 

  • Haque, M., Muniruzzaman, M., & Haque, I. E. (2022). The changing pattern of intimate relationship and the influence of technology on youth in socio-cultural attachment of Bangladesh. International Journal of Social Science Research and Review, 5(3), 52–66.

    Article  Google Scholar 

  • Hasan, K. S., & Pasyah, T. (2022). Challenges of Indonesian Halal industry in the digital economic era. Sriwijaya Law Review, 6(2), 319–335.

    Article  Google Scholar 

  • Hill, C., Lin, C. Y., Wan, Y. T., & Chen, Y. W. (2023). Understanding the role of culture in teaching. In Supporting and Learning from Academics: EMI Toolkit (pp. 45–57). Singapore: Springer Nature Singapore.

    Google Scholar 

  • Hoque, M. N., Rahman, M. K., Said, J., Begum, F., & Hossain, M. M. (2022). What factors influence customer attitudes and mindsets towards the use of services and products of Islamic Banks in Bangladesh? Sustainability, 14(8), 4703.

    Article  Google Scholar 

  • Hunter, M. (2014). Entrepreneurship as a means to create Islamic economy. Economics, Management, and Financial Markets, 9(1), 75–100.

    Google Scholar 

  • Husin, M. M., Kamarudin, S., & Rizal, A. M. (2021). Food and beverage industry competitiveness and halal logistics: Perspective from small and medium enterprises in Malaysia. Asian Journal of Islamic Management (AJIM), 1–10.

    Google Scholar 

  • Irwin, K., Gilstrap, C., McDowell, W., Drnevich, P., & Gorbett, A. (2022). How knowledge and uncertainty affect strategic international business investment decisions: Implications for cross-border mergers and acquisitions. Journal of Business Research, 139, 831–842.

    Article  Google Scholar 

  • Ishak, F. I., & Man, Y. C. (2011). Halal economy: Proof from Al-Quran and as-Sunnahand demands to utilize it in parallel. In International Islamic Banking, Finance and Investment Conference. Kuala Lumpur, Malaysia.

    Google Scholar 

  • Ismaeel, M., & Blaim, K. (2012). Toward applied Islamic business ethics: Responsible halal business. Journal of Management Development, 31(10), 1090–1100.

    Article  Google Scholar 

  • Jahan, I., Huynh, T., & Mass, G. (2022). The influence of organisational culture on employee commitment: An empirical study on civil service officials in Bangladesh. South Asian Journal of Human Resources Management, 9(2), 271–300.

    Article  Google Scholar 

  • Karim, A. A. (2016) Rancang bangun ekonomi islam. Karim Consulting.

    Google Scholar 

  • Kayed, R. N., & Hassan, M. K. (2010). Islamic entrepreneurship: A case study of Saudi Arabia. Journal of Developmental Entrepreneurship, 15(04), 379–413.

    Article  Google Scholar 

  • Khripunov, I. (2023). National and organizational culture. Human Factor in Nuclear Security: Establishing and Optimizing Security Culture (pp. 13–30). Springer International Publishing.

    Chapter  Google Scholar 

  • Malagas, K., Kontos, G., Yilmaz, A. K., & Nikitakos, N. (2022). Organizational culture: Types and critical success factors for organizational excellence. Advances in Sociology Research, 75–109.

    Google Scholar 

  • Malaysia Digital Economy Corporation (2022). Islamic Digital Economy (IDE)—Driving investments through Islamic digital economy. https://mydigitalinvestment.gov.my/islamic-digital-economy

  • Malik, T. H., & Huo, C. (2023). National cultural moderates the link between work stress and depression: An analysis of clinical trial projects across countries. Cross-Cultural Research, 57(1), 23–55.

    Article  Google Scholar 

  • Matharu, G. K., von der Heidt, T., Sorwar, G., & Sivapalan, A. (2023). The moderating role of Hofstede’s cultural dimensions on consumer purchasing of organic food. Journal of international consumer marketing, 1–20.

    Google Scholar 

  • Mayr, A., & Machin, D. (2012). How to do critical discourse analysis: A multimodal introduction. How to Do Critical Discourse Analysis, 1–240.

    Google Scholar 

  • Mohamed, E. S. H. (2023). Aesthetics of Islamic architecture and its application to printed hotel furnishing fabrics. International Design Journal, 13(2), 151–160.

    Article  Google Scholar 

  • Mohamed, H., & Ali, H. (2018). Blockchain, Fintech, and Islamic Finance. In Blockchain, Fintech, and Islamic Finance. de Gruyter.

    Google Scholar 

  • Muhammad, N., Alwi, S. F. S., & Muhammad, N. (2020). Credit management in full-fledged Islamic bank and Islamic banking window: Towards achieving Maqasid Al-Shariah. International Journal of Financial Research, 11(3), 92–99.

    Article  Google Scholar 

  • Mukherjee, Y., & Palit, S. (2022). Digitalisation and revitalisation of cultural heritage through information Technology. In Digitalization of Culture Through Technology (pp. 44–49). Routledge.

    Google Scholar 

  • Mullet, D. R. (2018). A general critical discourse analysis framework for educational research. Journal of Advanced Academics, 29(2), 116–142.

    Article  Google Scholar 

  • Ng, K. Y. N. (2023). Effects of organizational culture, affective commitment and trust on knowledge-sharing tendency. Journal of Knowledge Management, 27(4), 1140–1164.

    Article  Google Scholar 

  • Nisha, N., & Iqbal, M. (2017). Halal ecosystem: Prospect for growth in Bangladesh. International Journal of Business and Society, 18(S1), 205–222.

    Google Scholar 

  • Nurhayati, T., & Hendar, H. (2020). Personal intrinsic religiosity and product knowledge on halal product purchase intention: Role of halal product awareness. Journal of Islamic Marketing, 11(3), 603–620.

    Article  Google Scholar 

  • Opoku, E. O., Hongqin, C., & Aram, S. A. (2022). The influence of organizational culture on employee performance in the banking sector: Evidence from GCB Bank, Ghana. European Journal of Business and Management Research, 7(2), 168–175.

    Google Scholar 

  • Parameswara, A., Saskara, I. A. N., Utama, I. M. S., & Setyari, N. P. W. (2023). Exploring cultural value and its sustainability of Balinese handwoven textiles. TEXTILE, 21(1), 174–197.

    Article  Google Scholar 

  • Quinn, J. M., Freeland, R. E., Rogers, K. B., Hoey, J., & Smith-Lovin, L. (2023). How cultural meanings of occupations in the US changed during the covid-19 pandemic. American Behavioral Scientist, 67(1), 125–147.

    Article  Google Scholar 

  • Rafiki, A., & Wahab, K. A. (2013). Influences of Islamic practices on small firm performance: A study in North Sumatera, Indonesia. Islamic Management and Business, 5(11), 64–82.

    Google Scholar 

  • Rahajeng, D. K. (2022). The ethical paradox in Islamic cooperatives: A lesson learned from scandalous fraud cases in Indonesia’s Baitul Maal Wat Tamwil. Cogent Business & Management, 9(1), 2090208.

    Article  Google Scholar 

  • Raimi, L., Shokunbi, M. O., Suara, I. B., & Fadipe, A. O. (2013). Embedding Islamic Financial System (IFS) in the curricula of schools in Nigeria. Journal of Business Administration and Education, 2(2), 65–84.

    Google Scholar 

  • Ramadani, V., Dana, L. P., Ratten, V., & Tahiri, S. (2015). The context of Islamic entrepreneurship and business: Concept, principles and perspectives. International Journal of Business and Globalisation, 15(3), 244–261.

    Article  Google Scholar 

  • Saeed, S., Yousafzai, S. Y., & Engelen, A. (2014). On cultural and macroeconomic Contingencies of the entrepreneurial orientation-performance relationship. Entrepreneurship Theory and Practice, 38(2), 255–290. https://doi.org/10.1111/etap.12097

    Article  Google Scholar 

  • Salaheldeen, M. (2022). Opportunities for Halal Entrepreneurs in the Islamic digital economy: future and trends from a cultural entrepreneurship perspective. In Cultural Entrepreneurship: New Societal Trends (pp. 95–107). Singapore: Springer Nature Singapore.

    Google Scholar 

  • Salaheldeen, M., Battour, M., & Nazri, M. A. (2019). Halal entrepreneurship and its role in sustainable development goals 2030 (SDGs). In Paper presented at the International Conference on Dakwah and Islamic Management (IC-DAIM 2019). Malaysia.

    Google Scholar 

  • Salaheldeen, M., Battour, M., Nazri, M. A., Ahmad Bustamam, U. S., & Hashim, A. J. C. M. (2023). The perception of success in the halal market: Develo** a halal entrepreneurship success scale. Journal of Islamic Marketing, 14(3), 799–825. https://doi.org/10.1108/JIMA-10-2021-0341

    Article  Google Scholar 

  • Selim, N. I. I. B., Zailani, S., Aziz, A. A., & Rahman, M. K. (2022). Halal logistic services, trust and satisfaction amongst Malaysian 3PL service providers. Journal of Islamic Marketing, 13(1), 81–99.

    Article  Google Scholar 

  • Shepherd, D. A., Breugst, N., & Patzelt, H. (2023). A founding-team model of creating a venture’s culture. Journal of Business Venturing, 38(2), 106286.

    Article  Google Scholar 

  • Sokolović, B., Katić, I., Nešić, L. G., Ivanišević, A., & Pavlović, A. (2022). The specific role of the transformational leadership in the organizational culture of service organizations. Anali Ekonomskog fakulteta u Subotici, 58(47), 131–145.

    Google Scholar 

  • Steiber, A., Corvello, V., & Ghosh, S. (2023). International acquisition processes: A cultural analysis of GE Appliances’ business transformation. Business Horizons, 66(2), 171–180.

    Article  Google Scholar 

  • Suselo, D. (2018). Business and religiosity: Review of business ethics Mayangkara group. Jurnal Pendidikan Ekonomi Dan Bisnis (JPEB)

    Google Scholar 

  • Watson, A., Dada, O., Wright, O., & Perrigot, R. (2019). Entrepreneurial orientation rhetoric in franchise organizations: The impact of national culture. Entrepreneurship Theory and Practice, 43(4), 751–772. https://doi.org/10.1177/1042258717738519

    Article  Google Scholar 

  • Wilson, J. A. (2014). The halal phenomenon: An extension or a new paradigm? Social Business, 4(3), 255–271.

    Article  Google Scholar 

  • Za’aba, N. S., Zanorrain, S. M., Isa, N. A. M., & Raziman, N. (2020). Islamic digital economy: The role of Islamic Fintech as economy driver. Journal of Islamic Economics and Law (JIEL), 1(2).

    Google Scholar 

  • Zailani, S., Iranmanesh, M., Jafarzadeh, S., & Foroughi, B. (2020). The influence of halal orientation strategy on financial performance of halal food firms: Halal culture as a moderator. Journal of Islamic Marketing, 11(1), 31–49.

    Google Scholar 

  • Zort, Ç., Karabacak, E., Öznur, Ş, & Dağlı, G. (2023). Sharing cultural values and heritage through storytelling in digital environments. Frontiers in Psychology, 14, 225.

    Article  Google Scholar 

  • Zsolnai, L. (2022). Spirituality and economics. Journal for the Study of Spirituality, 12(2), 131–145.

    Article  Google Scholar 

  • Zuhriatusobah, J., & Rahayu, Y. (2022). Millenials In Islamic digital economy sustainability. Academy of Strategic Management Journal, 21, 1–9.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Universiti Brunei Darussalam, Bandar Seri Begawan, Brunei

    Lukman Raimi

  2. Department of Shariah, Universiti Sultan Zainal Abidin, Kuala Terengganu, Terengganu, Malaysia

    Ibrahim Adeniyi Abdur-Rauf

  3. School of Social Entrepreneurship, Roxbourg Institute of Social Entrepreneurship, La Sarraz, Switzerland

    Basirat Olaide Raimi

Authors
  1. Lukman Raimi
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Ibrahim Adeniyi Abdur-Rauf
    View author publications

    You can also search for this author in PubMed Google Scholar

  3. Basirat Olaide Raimi
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Lukman Raimi .

Editor information

Editors and Affiliations

  1. School of Business and Economics, Universiti Brunei Darussalam, Bandar Seri Begawan, Brunei Darussalam

    Lukman Raimi

  2. Faculty of Technical and Vocational, Sultan Idris Education University, Tanjong Malim, Perak, Malaysia

    Salisu Monsuru Adekunle

  3. School of Business, Universiti Brunei Darussalam, Bandar Seri Begawan, Brunei Darussalam

    Muhammad Salman Shabbir

Rights and permissions

Reprints and permissions

Copyright information

© 2023 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Raimi, L., Abdur-Rauf, I.A., Raimi, B.O. (2023). Halal Entrepreneurship in Islamic Digital Economy from a Cultural Perspective. In: Raimi, L., Adekunle, S.M., Shabbir, M.S. (eds) Contemporary Discourse of Halal and Islamic Entrepreneurship. Springer, Singapore. https://doi.org/10.1007/978-981-99-6427-7_8

Download citation

Publish with us

Policies and ethics

Search

Navigation