The purpose of this paper is to determine what aspects of halal entrepreneurship might serve as a springboard for the attainment of the Sustainable Development Goals (SDGs), thereby shedding light on the complex relationship between the two. This primary goal is further advanced by the study’s examination of the various business strategies employed by halal entrepreneurs in their pursuit of the SDGs.
A qualitative study was conducted using a convenience purposive sample method to select ten halal entrepreneurs in Malaysia with more than a decade of experience. A comprehensive grasp of the subject matter and improved interpretation of the results were achieved by the thematic analysis of the interview transcripts, which included systematically familiarising oneself with the data, generating codes and identifying themes.
The spiritual, financial, social and environmental aspects were identified as the most important in supporting Halal enterprises in achieving several of the SDGs. There are several ways in which Halal businesses contribute to sustainable development, including, but not limited to, ethical and Shari’ah-compliant activities, economic growth, social responsibility and environmental stewardship.
Future studies should consider using larger samples and quantitative approaches, as the current study may have limited the generalizability of its results due to its small sample size and qualitative methodology.
The study’s findings have important policy and commercial implications, as they demonstrate how to maximise the positive impact of Halal entrepreneurship on sustainable development by integrating religious, economic, social and environmental considerations.
This research contributes to the existing body of knowledge on Islamic entrepreneurship by providing a holistic perspective on the various ways in which Halal enterprises contribute to sustainable practices aligned with the SDGs.
