Pages: 50-59

Abstract

This paper has prioritizes on the importance of inculcating entrepreneurial characteristics among Muslim youth. The aim is to introduce a psychological model of successful entrepreneurs derived from the holy Quran and Islamic history. A Psychological model from Holy Quran and Islamic History is a powerful contributor to define Islamic entrepreneurial characteristics that need to be introduced to the young Muslim entrepreneurs. The finding indicates that the early Muslim generation has proved that a Muslim can be a very successful entrepreneur if he/she practices Islam in its entirety. Furthermore, this paper argues that the entrepreneurial characteristics and the psychological model must be included in any discussion on business loyalty and sustainability. Failure to ensure the entrepreneurial characteristics among Muslim youth will mean increased corruption rates, and fraud among youth in business.