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All Journal Madani: Multidisciplinary Scientific Journal
Kamali, Fachrul Aldien
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The Development of Entrepreneurship from the Prophetic Era to the Modern Age S, Sugiharto; Salsabila, Naura; Alfarizi, Dimas Candra; Ainunnisa, Ayu; Kamali, Fachrul Aldien; Putri, Mahdania; Amalia, Dinda
Madani: Jurnal Ilmiah Multidisiplin Vol 3, No 12 (2026): January
Publisher : Penerbit Yayasan Daarul Huda Kruengmane

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.5281/zenodo.18091065

Abstract

The history of Islamic entrepreneurship demonstrates a dynamic evolution from the Prophetic era to the modern and post-modern periods. During the time of Prophet Muhammad (PBUH), business practices emphasized honesty, trustworthiness, and fairness, which became the foundation of Islamic economics. The era of the Rightly Guided Caliphs and the Umayyad dynasty expanded trade routes and established fair economic regulations. Under the Abbasid dynasty, entrepreneurship flourished with financial innovations, industrial growth, and global trade networks. The medieval period reinforced the integration of Sharia values into business activities, while colonialism imposed monopolies and economic restrictions. In the modern and post modern eras, Islamic entrepreneurship adapts to globalization, digital technology, and the halal industry while upholding Sharia principles. This historical trajectory highlights that Islamic entrepreneurship is not solely profit-oriented but also rooted in spirituality, social justice, and sustainability.
Co-Authors Ainunnisa, Ayu Alfarizi, Dimas Candra Amalia, Dinda Putri, Mahdania s, Sugiharto Salsabila, Naura