ENTREPRENEURSHIP

Detailed explanation-1: -In juxtaposition to fard al-ayn, fard al-kifayah is a legal obligation that must be discharged by the Muslim community as a whole, such as military struggle; if enough members in the Muslim community discharge the obligation, the remaining Muslims are freed from the responsibility before God.

Detailed explanation-2: -In Islamic law, refers to legal obligations that must be performed by each individual Muslim, including prayer, charity, fasting, and pilgrimage. Individual obligation is contrasted with communal obligation (fard al-kifayah).

Detailed explanation-3: -It tries to promote human brotherhood, socio-economic justice and the well-being of all through an integrated role of moral values, market mechanism, families, society, and ‘good governance. ‘ This is because of the great emphasis in Islam on human brotherhood and socio-economic justice.

Detailed explanation-4: -Sadr, three basic principles of Islamic economy are multi-faceted ownership, economic freedom within a certain limit, and social justice (Es-Sadr, 1980: pp. 291-303). These are the three basic components of Islamic economic doctrine, according to which its theoretical content is defined.