Developing the Ulu al-Albab model: for sustainable value and wealth creation through social entrepreneurship

Developing the Ulu al-Albab model: for sustainable value and wealth creation through social entrepreneurship

This paper explores the development of the Ulū al-Albāb model for sustainable value and creative creation through social entrepreneurship. The Ulū al-Albāb model refers to capitalizing wisdom with a soul through the focus of seeking the Pleasure of Allah (mardhat Allah) through the obligations as se...

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Main Authors: Mhd. Sarif, Suhaimi, Ismail, Yusof
Format: Article
Language:English
Published: Zesdyzar Rokman Resources 2013
Subjects:
HF5549 Personnel management
Online Access:http://irep.iium.edu.my/30143/
http://irep.iium.edu.my/30143/
http://irep.iium.edu.my/30143/1/SUHAIMI-MHD-SARIF-YUSOF-ISMAIL-DEVELOPING-THE-ULU-ALBAB-MODEL-FOR-SUSTAINABLE-VALUE-AND-WEALTH-CREATION-THROUGH-SOCIAL-ENTREPRENEURSHIP.pdf
id iium-30143
recordtype eprints
spelling iium-301432015-11-05T07:30:45Z http://irep.iium.edu.my/30143/ Developing the Ulu al-Albab model: for sustainable value and wealth creation through social entrepreneurship Mhd. Sarif, Suhaimi Ismail, Yusof HF5549 Personnel management This paper explores the development of the Ulū al-Albāb model for sustainable value and creative creation through social entrepreneurship. The Ulū al-Albāb model refers to capitalizing wisdom with a soul through the focus of seeking the Pleasure of Allah (mardhat Allah) through the obligations as servant (‘ibād al-Rahmān) and vicegerent of Allah (khālifah Allah fi al-ard). The study integrates knowledge-based view (KBV) with the Ulū al-Albāb model basis to achieve sustainable value and wealth creation for social enterprises. The primary contribution of this study is the development of model that based on the Ulū alAlbāb into KBV framework as a source to sustain intellectual contribution in terms of dynamism and ability to respond to changes. Knowledge is essential to enable social enterprises to be innovative in terms of producing new products and services to the market. The literature of strategic management and knowledge management suggests that a social enterprise with Ulū alAlbāb model is more innovative and capable of achieving sustainable competitive advantage. However, based on personal interviews with 15 informants, the study observed that social enterprises were keen to adopt Ulū al-Albāb approach due to the business model that emphasises on meeting social and economic ends simultaneously. The informants were convinced with the Ulū al-Albāb approach in sustaining competitive advantage for social enterprises in Malaysia. However, the existing business model needs a minor adjustment to fit the Ulū al-Albāb approach. Zesdyzar Rokman Resources 2013-05-13 Article PeerReviewed application/pdf en http://irep.iium.edu.my/30143/1/SUHAIMI-MHD-SARIF-YUSOF-ISMAIL-DEVELOPING-THE-ULU-ALBAB-MODEL-FOR-SUSTAINABLE-VALUE-AND-WEALTH-CREATION-THROUGH-SOCIAL-ENTREPRENEURSHIP.pdf Mhd. Sarif, Suhaimi and Ismail, Yusof (2013) Developing the Ulu al-Albab model: for sustainable value and wealth creation through social entrepreneurship. International Journal of Business, Economics and Law, 2 (1). pp. 28-34. ISSN 2289-1552 http://klibel.com/wp-content/uploads/2013/05/SUHAIMI-MHD-SARIF-YUSOF-ISMAIL-DEVELOPING-THE-ULU-ALBAB-MODEL-FOR-SUSTAINABLE-VALUE-AND-WEALTH-CREATION-THROUGH-SOCIAL-ENTREPRENEURSHIP.pdf
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HF5549 Personnel management
spellingShingle HF5549 Personnel management
Mhd. Sarif, Suhaimi
Ismail, Yusof
Developing the Ulu al-Albab model: for sustainable value and wealth creation through social entrepreneurship
description This paper explores the development of the Ulū al-Albāb model for sustainable value and creative creation through social entrepreneurship. The Ulū al-Albāb model refers to capitalizing wisdom with a soul through the focus of seeking the Pleasure of Allah (mardhat Allah) through the obligations as servant (‘ibād al-Rahmān) and vicegerent of Allah (khālifah Allah fi al-ard). The study integrates knowledge-based view (KBV) with the Ulū al-Albāb model basis to achieve sustainable value and wealth creation for social enterprises. The primary contribution of this study is the development of model that based on the Ulū alAlbāb into KBV framework as a source to sustain intellectual contribution in terms of dynamism and ability to respond to changes. Knowledge is essential to enable social enterprises to be innovative in terms of producing new products and services to the market. The literature of strategic management and knowledge management suggests that a social enterprise with Ulū alAlbāb model is more innovative and capable of achieving sustainable competitive advantage. However, based on personal interviews with 15 informants, the study observed that social enterprises were keen to adopt Ulū al-Albāb approach due to the business model that emphasises on meeting social and economic ends simultaneously. The informants were convinced with the Ulū al-Albāb approach in sustaining competitive advantage for social enterprises in Malaysia. However, the existing business model needs a minor adjustment to fit the Ulū al-Albāb approach.
format Article
author Mhd. Sarif, Suhaimi
Ismail, Yusof
author_facet Mhd. Sarif, Suhaimi
Ismail, Yusof
author_sort Mhd. Sarif, Suhaimi
title Developing the Ulu al-Albab model: for sustainable value and wealth creation through social entrepreneurship
title_short Developing the Ulu al-Albab model: for sustainable value and wealth creation through social entrepreneurship
title_full Developing the Ulu al-Albab model: for sustainable value and wealth creation through social entrepreneurship
title_fullStr Developing the Ulu al-Albab model: for sustainable value and wealth creation through social entrepreneurship
title_full_unstemmed Developing the Ulu al-Albab model: for sustainable value and wealth creation through social entrepreneurship
title_sort developing the ulu al-albab model: for sustainable value and wealth creation through social entrepreneurship
publisher Zesdyzar Rokman Resources
publishDate 2013
url http://irep.iium.edu.my/30143/
http://irep.iium.edu.my/30143/
http://irep.iium.edu.my/30143/1/SUHAIMI-MHD-SARIF-YUSOF-ISMAIL-DEVELOPING-THE-ULU-ALBAB-MODEL-FOR-SUSTAINABLE-VALUE-AND-WEALTH-CREATION-THROUGH-SOCIAL-ENTREPRENEURSHIP.pdf
first_indexed 2023-09-18T20:44:14Z
last_indexed 2023-09-18T20:44:14Z
_version_ 1777409568178962432

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