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Successful venture capitalists and policymakers who had founded companies incolved in developing entrepreneurship ecosystems in Asia attended the August programme.
So, zakah fund can be used for developing entrepreneurship as a tool of poverty alleviation from Muslim society.
Developing entrepreneurship by zakah for poverty alleviation is a new concept opening a new avenue to argue and discuss.
Thus, the empirical findings regarding the activities of zakah management organizations motivated the authors to develop a process model for developing entrepreneurship skills relating to small scale enterprises.
Using several sources of interviews and archival data, the author compared the data with the propositions using the pattern-matching logic, which concluded in developing entrepreneurship theory.
Based on the above discussions it can be said that zakah can be utilized for developing entrepreneurship (especially small business) with a view to alleviation of poverty promptly.
Similar(49)
In this paper, we focus on microfinance and whether the new financial products can develop entrepreneurship.
"As economies develop entrepreneurship tends to decline, because society provides more employment options (Kelley et al. 2011).
Most MENA countries have developed entrepreneurship programs, and these have had, for the most part, a limited impact on youth employment.
Struggling with the problems of rising rate of unemployment and immigration, the state has introduced host of financial incentives to promote and develop entrepreneurship in the state.
Thus, universities need to implement teaching methods based concrete empirical input to provide students with meaningful knowledge about entrepreneurship in order to develop entrepreneurship spirit among students (Wu and Wu 2008).
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