scholarly journals Use of Crowdfunding for Developing Social Enterprises: An Islamic Approach

2018 ◽  
Vol 13 (6) ◽  
pp. 156 ◽  
Author(s):  
Nazamul Hoque ◽  
Mohammad Hasmat Ali ◽  
Sirajul Arefeen ◽  
Md. Masrurul Mowla ◽  
Abdullahil Mamun

Crowd-funding is an open call to mass people through the internet for fund in the form of financial donation, lending, or in any other forms such as in exchange for a future product, service, or reward. The concept is relatively new but growing at a very high rate around the world. Companies are using it mostly for efficiency ground. This study is based on the argument that conventional crowd-funding models cannot be applicable exactly in the Islamic societies due to philosophical ground. In this paper, we have discussed crowd-funding models from Islamic perspectives for funding projects of social enterprise/social business in the Muslim societies with a view to ensure social equity and justice by removing many social problems like unemployment and poverty.

2013 ◽  
Vol 59 (No. 4) ◽  
pp. 183-193 ◽  
Author(s):  
L. Smutka ◽  
J. Burianová

World trade underwent a significant shock within the recent years, which caused a decline in the world economy primarily in the year 2009. Within the following years (2010 and 2011), the high rate of growth from the years preceding the crisis could not be restored. The crisis had an impact on all segments of the merchandise trade, whereby the trade in agricultural and food products was affected the least by the crisis. In the case of the Czech Republic, the crisis of the global and national economy was reflected in the case of agricultural trade primarily by the way of a decline in the rate of the growth of export, which was very high in the period prior to the crisis. As far as the territorial structure and commodity structure of agricultural trade is concerned, their development in the years 2008–2011 was not affected in any largely significant manner. In relation to the main objective of this article, which was to identify the effects of the crisis on the competitiveness of Czech agricultural trade, it may be stated that the crisis itself did not worsen the competitiveness of agricultural trade in any significant manner.  


Author(s):  
Khaoula Ayati ◽  
Ramzi Hadjab ◽  
Hichem Khammar ◽  
Sonia Dhaouadi ◽  
Christophe Piscart ◽  
...  

Northern Africa, although one of the world hotpots of biodiversity, is poorly studied and the freshwater fauna living in this part of the world remains partly unknown. This study focused on the diversity and distribution of the poorly known epigean freshwater amphipods. We performed an exhaustive analysis of the literature on this group of crustaceans and sampled 106 additional localities from the eastern part of Algeria and in Tunisia. Our results showed an important diversity with 25 species (including the presence of at least three new undescribed species) and a very high rate of endemism with 52% of species occurring at on only 1 or 2 sites. We also highlighted a very low diversity on each site with only 4.4% of sites harboring more than 1 species. The comparative distribution of certain species between Europe and Maghreb and also between the western and eastern part of Northern Africa allow us to discuss some hypotheses about the factors underlying this endemism and the biogeographical origin of species. However, our study revealed a general lack of knowledge in the region, especially in the South of Morocco and Algeria. Hence, more information would be needed to propose adapted conservation strategies of freshwater fauna in Maghreb.


Author(s):  
Rıfat KARABAŞ

Social problems are constantly increasing in the world and the most effective field of work for solving these problems is social entrepreneurship. Although a new concept of social entrepreneurship in the world and is rapidly gaining popularity in Turkey. However, social enterprises do not have a legal basis in Turkey. Therefore innovative social problems in Turkey and movement areas of social enterprises generating sustainable solutions are provided through non-governmental organizations. In addition, social enterprises create new business models with innovative and sustainable solutions to solve social problems. They also create employment with the business models they create. In this way, they contribute to the social and economic development of the country. Although not literally have no legal status in Turkey, they form networks of social enterprises and social enterprise are also available. However, many opportunities for the support of social initiatives and social enterprises in Turkey are also ideas. However, the field of studies should be expanded and social entrepreneurship should be more widespread. In this context, the number of social enterprises and collaborations to support them should be increased in order to solve the ever-increasing social problems. For these reasons, suggestions were made for the dissemination and strengthening of social entrepreneurship.


2016 ◽  
Vol 43 (6) ◽  
pp. 573-592 ◽  
Author(s):  
M. Nusrate Aziz ◽  
Osman Bin Mohamad

Purpose – The purpose of this paper is to identify some well-set instruments in Islam that can efficiently alleviate poverty, solve social problems and reduce social inequality through a new operational framework called “Islamic social business (ISB)”. Design/methodology/approach – This is a conceptual research that is based on Al-Quranic principles as well as contemporary social welfare philosophies, such as, augmented stakeholder theory, social enterprise and social business. Al-Quran, Al-Hadith and existing traditional and Islamic literature are consulted for this study. Findings – The study proposes an efficient system of Islamic wealth sourcing and management to make the process of poverty alleviation sustainable. Other social problems for disadvantaged people, such as, health-, shelter-, literacy- and environmental-related issues are also addressed in the proposed system. The study identifies the inefficiency in the current practices and makes some propositions that are in conformance with Islamic principles and implementable by Islamic institutions all over the world. The authors propose a theoretical framework and operational propositions for ISB. Practical implications – In following this study, social policymakers, Islamic financial institutions, Islamic social enterprises and Islamic charity organizations will find organized guidelines to initiate “new entities” or “reshape existing entities”. Social implications – The study will be effective in solving social problems, alleviating poverty and reducing social inequality. Originality/value – This is the first study that identifies all the potential Islamic sources of funding and the efficient management thereof through ISB. The study also proposes an ISB model and makes several propositions for different types of ISB.


2019 ◽  
Vol 7 (1) ◽  
pp. 56-65 ◽  
Author(s):  
Miguel Angel Casado ◽  
Carmelo Garitaonandia ◽  
Gorka Moreno ◽  
Estefania Jimenez

This article describes the use made of the Internet by immigrant children living in Spain and the opportunities and risks it involves. Specifically, it deals with children from the Maghreb, Ecuador, and Sub-Saharan Africa, three regions which account for a quarter of Spain’s foreign-born population. A qualitative methodology was used, based on in-depth interviews with 52 children from these countries and educators from their support centres. Immigrant minors usually access the Internet via their smartphones rather than via computers. They have a very high rate of smartphone use and access the Internet over public Wi-Fi networks. However, they make little use of computers and tablets, the devices most closely associated with education and accessing information. Internet usage is fairly similar among immigrant and Spanish teens, although the former receive more support and mediation from their schools and institutions than from their parents. The Internet helps them to communicate with their families in their countries of origin. As one educator puts it, “they have gone from sending photos in letters to speaking to their families every day on Skype”. Some teens, particularly Maghrebis, sometimes suffer from hate messages on social networks.


2019 ◽  
Author(s):  
paskalia vica

This paper explain about the definition of social enterprise, the four types of social enterprises in Indonesia that consist of Entrepreneurial NPO Model, Social Cooperative Model, Community Development Enterprise Model, and Social Business Model, the distinction between social enterprise in Taiwan and Indonesia. This paper also explain a brief about Monetary Policy in the Asia Pasific from the coursera.


Author(s):  
Paul Miesing

This chapter on “Social Enterprises as Integrative Resources, Strategies, and Models” provides the framework for the rest of this section and text. It first describes the global social and economic problems that neo-conservative orthodoxy and public policy have not been able to correct. That is followed by articulating the basic premise that enterprises that simultaneously pursue both financial and social objectives achieve greater impact. The next section presents characteristics of business models and social enterprises, along with a template to create a social business model. The “strategy tripod” integrates these strategy and organization aspects by considering the micro (enterprise resources and core competences), macro (national institutions), and mezzo (industry forces) levels of enterprise strategy. Last, 10 exemplars are provided that have synthesized these concepts to alleviate a variety of disparities in different countries. The conclusion provides general lessons, and Appendix A outlines the salient elements that a social enterprise plan should contain.


Author(s):  
Mookgo S. Kgatle

African Pentecostalism continues to be a growing part of Christianity both in Africa and the rest of the world. Pentecostal churches in Africa are on the rise at a very high rate. However, theological education in South African universities does not reflect this reality, but continues to be of a western orientation. Therefore, there is an urgent need and demand for a theological education that will be relevant to Africa. It is an urgent need for African Pentecostalism to be integrated into the theological education of South African universities. This can be achieved by integrating African Pentecostalism into the curriculum, by decolonising Pentecostal research and by the emergence of critical African scholars that can address cutting-edge issues in a South African context. Thus, theological education in South African universities shall be a contextual and relevant one.


2020 ◽  
Vol 19 (3) ◽  
pp. 7-22
Author(s):  
Małgorzata Kurleto

Background. Modern technologies, and the Internet in particular, play an essential role in the effective business model of every company. Due to the fact that social enterprises often take over business models from commercial enterprises, a question arises about their applicability in the use of the Internet in social business. The size of the social enterprise and having a strong leader in the organization should be taken into account. Research. The study identifies the increase of effectiveness of social enterprise business models through appropriate use of the Internet. The analysis attempts to demonstrate the relationship between business models and the social enterprise strategy, emphasizing the important role of the holistic model. The analysis is in­tended to show the importance of the business model in marketing and management. Methodology. The study is based on a literature analysis as well as in the empir­ical part on the results of the author’s research. The most important hypothesis of the study assumes that the direct effectiveness of using the Internet is positively associated with the effectiveness and success in creating social value. Findings. The results of analysis show that the impact of Internet efficiency was high in those social enterprises that used the appropriate business model. The efficiency of using the Internet is positively related to the size of the social enterprise and having a strong leader. JEL Codes: F69, M29.


1978 ◽  
Vol 8 (4) ◽  
pp. 20-22
Author(s):  
Hoyt Alverson

The population of Africa is roughly estimated to be 300,000,000 and believed to be growing at a very high rate, perhaps as much as 3 percent per annum. If these figures are accurate, Africa will have a population of over one-half billion by the year 2000. In light of this prospect, a question asked more from desperation than curiosity is whether these millions can all be fed, at least enough to avert mass starvation and pandemic malnutrition. Paul Ehrlich and others have argued it is not possible. “The battle to feed all of humanity is over. In the 1970’s the world will undergo famine, hundreds of millions of people are going to starve to death.”


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