International Association Of Economic And Business

Detail Community Service

Promoting Sharia Business for MSMEs: IAEB and Partners Support Economic Growth

On Sunday, May 12, 2024, IAEB in collaboration with Universiti Teknologi Mara (UiTM) Melaka Malaysia, Universitas Islam Negeri Sumatera Utara (UINSU), UIN Syahada, Universitas Muslim Nusantara (UMN), and JNE, held a Community Service event at the JNE Gallery. Under the theme *"The Role of Sharia Business for SMEs,"* the event aimed to educate and empower small and medium-sized enterprises (SMEs) on the importance of adopting sharia business principles in managing their businesses.

The event featured presentations and interactive sessions highlighting how sharia business principles can support sustainable growth for SMEs. Participants gained insights into the fundamentals of sharia business, its ethical framework, and how these principles can help SMEs build consumer trust through transparent and fair business practices.

Experts from IAEB and representatives from partner universities emphasized that sharia business is not only focused on profit but also fosters greater economic stability and strengthens ethical values in entrepreneurship. They encouraged SMEs to view the adoption of sharia business as an opportunity to enhance their business reputation and reach a broader customer base.

The event received positive feedback from participants interested in implementing sharia principles in their businesses. This collaborative initiative demonstrates IAEB’s commitment to supporting SME development, creating a healthy business environment, and promoting ethical business practices in Indonesia.