The Natural Cooperatives in The Muslim World

This study investigates the structure and socioeconomic roles of traditional entrepreneurial communities in the Muslim world by comparing them with modern cooperative models. Unlike Western cooperatives, which emerged to counter market-induced social disintegration, Muslim communities have sustained...

Full description

Saved in:
Bibliographic Details
Main Author: Omar Javaid
Format: Article
Language:Arabic
Published: Institut Agama Islam Negeri Ponorogo 2024-12-01
Series:Invest Journal of Sharia & Economic Law
Subjects:
Online Access:https://jurnal.iainponorogo.ac.id/index.php/invest/article/view/8471
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1846099659141939200
author Omar Javaid
author_facet Omar Javaid
author_sort Omar Javaid
collection DOAJ
description This study investigates the structure and socioeconomic roles of traditional entrepreneurial communities in the Muslim world by comparing them with modern cooperative models. Unlike Western cooperatives, which emerged to counter market-induced social disintegration, Muslim communities have sustained themselves through kinship networks, shared values, and voluntary socioeconomic justice. These communities exhibit key characteristics aligned with cooperative aims, including family-business integration, mutual financial support, job creation, and community well-being. However, contemporary research on these communities is limited and often outdated, in contrast to extensive studies on ethnic entrepreneurship in non-Muslim contexts. This study advocates for more exploratory research to understand how Muslim entrepreneurial communities maintain social integration, distributive justice, and Islamic values in their socioeconomic frameworks. It proposes research questions on community organization, economic contributions, welfare mechanisms, and modernization impacts, offering a roadmap for future research to inform policies and community development. By examining the resilience and adaptability of these communities, this study aims to enhance the understanding of Islamic socioeconomic models and their contemporary relevance. These findings highlight the distinctive features of these communities as naturally occurring cooperatives, reflecting their unique cultural, religious, and social contexts. This research advances theoretical discussions in Islamic economics, economic sociology, and cooperative studies, while offering insights into fostering economic inclusivity and social cohesion in diverse settings.
format Article
id doaj-art-8f40b9cda8bd4d1f8585fa1d96c57069
institution Kabale University
issn 2776-4982
2776-4354
language Arabic
publishDate 2024-12-01
publisher Institut Agama Islam Negeri Ponorogo
record_format Article
series Invest Journal of Sharia & Economic Law
spelling doaj-art-8f40b9cda8bd4d1f8585fa1d96c570692024-12-31T09:15:50ZaraInstitut Agama Islam Negeri PonorogoInvest Journal of Sharia & Economic Law2776-49822776-43542024-12-014210.21154/invest.v4i2.8471The Natural Cooperatives in The Muslim WorldOmar Javaid0https://orcid.org/0000-0002-5061-4946Institute of Business Management, KarachiThis study investigates the structure and socioeconomic roles of traditional entrepreneurial communities in the Muslim world by comparing them with modern cooperative models. Unlike Western cooperatives, which emerged to counter market-induced social disintegration, Muslim communities have sustained themselves through kinship networks, shared values, and voluntary socioeconomic justice. These communities exhibit key characteristics aligned with cooperative aims, including family-business integration, mutual financial support, job creation, and community well-being. However, contemporary research on these communities is limited and often outdated, in contrast to extensive studies on ethnic entrepreneurship in non-Muslim contexts. This study advocates for more exploratory research to understand how Muslim entrepreneurial communities maintain social integration, distributive justice, and Islamic values in their socioeconomic frameworks. It proposes research questions on community organization, economic contributions, welfare mechanisms, and modernization impacts, offering a roadmap for future research to inform policies and community development. By examining the resilience and adaptability of these communities, this study aims to enhance the understanding of Islamic socioeconomic models and their contemporary relevance. These findings highlight the distinctive features of these communities as naturally occurring cooperatives, reflecting their unique cultural, religious, and social contexts. This research advances theoretical discussions in Islamic economics, economic sociology, and cooperative studies, while offering insights into fostering economic inclusivity and social cohesion in diverse settings. https://jurnal.iainponorogo.ac.id/index.php/invest/article/view/8471cooperativesentrepreneurial communitieethnic entrepreneurshipkinship networkssocial capitalOttoman guilds
spellingShingle Omar Javaid
The Natural Cooperatives in The Muslim World
Invest Journal of Sharia & Economic Law
cooperatives
entrepreneurial communitie
ethnic entrepreneurship
kinship networks
social capital
Ottoman guilds
title The Natural Cooperatives in The Muslim World
title_full The Natural Cooperatives in The Muslim World
title_fullStr The Natural Cooperatives in The Muslim World
title_full_unstemmed The Natural Cooperatives in The Muslim World
title_short The Natural Cooperatives in The Muslim World
title_sort natural cooperatives in the muslim world
topic cooperatives
entrepreneurial communitie
ethnic entrepreneurship
kinship networks
social capital
Ottoman guilds
url https://jurnal.iainponorogo.ac.id/index.php/invest/article/view/8471
work_keys_str_mv AT omarjavaid thenaturalcooperativesinthemuslimworld
AT omarjavaid naturalcooperativesinthemuslimworld