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SOCIAL ENTREPRENEURSHIP A WAY FORWARD FOR
MUSLIM YOUTH IN EUROPE
Abubaker Adam,
Project Manager, Zakat House
Today’s Session
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What we will cover today
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Zakat House – Mission Statement and Services
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Islam, Innovation and Entrepreneurship
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Introduce the Concepts of Social Entrepreneurship
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What is a Social Enterprise?
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What are the characteristic of the social Entrepreneurs?
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Social Entrepreneurship The WWW factors
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Can you really change the world ?
Zakat House Mission
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Mission Statement
“To inspire and assist small charities to become innovative,
effective, and efficient in principle and practice, and to excel in
serving the needs of humanity”
Islam and Innovation
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Product Innovation
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Attempt at gliding Abbas Ibn Firnas of Islamic Spain made in
875 the first unsuccessful attempt
Citric acid Jabir ibn Hayyan is credited with the discovery and
isolation of citric acid, the sour component of lemons and
other unripe fruits.
Who invented soap and why?
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Islam, Innovation and Entrepreneurship
Islam and Entrepreneurship
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In the medical sciences
Ibn Sina He was the first physician that described meningitis
and described 760 drugs that were healing to the body.
Al-Razi found a treatment for kidney and bladder stones and
explained the nature of various infectious diseases.
Abul-Qasim al-Zahrawi, under the patronage of Caliph AlHakim II, pioneered in surgery and operated Cesareans and was
also the first to use silk thread for stitching wounds.
Ahmad, Huma. "Muslim Contributions to Science, Philosophy, and the Arts." Jannah.org. April 1997. Jannah , Web. 9 Oct 2009. <http://www.jannah.org/articles/contrib.html>
Islam and Entrepreneurship
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Technological innovation
Methods of irrigation, including underground channels,
windmills, and waterwheels were some of the Muslim
inventions.
When Muslims were in Southern Spain, they introduced
irrigation methods which raised the level of agriculture in the
country.
Zakat House Services
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Founded By Dr Hany El-Banna (Founder of Islamic Relief)
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Supports start-ups and small charities registered in the UK in providing an
innovative open space to work together, share knowledge, skills, and expertise.
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Supports structure that fosters charities to implement good governance,
accountability and transparency.
Zakat House office Services for Charities
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Zakat House seed funding
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“Funds necessary to start the business so that it has enough funds to sustain
itself for a period of development”
Zakat House Charity governance
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The principles of good governance:
Managing charity resources - provides guidance on managing charity resources,
including finances, marketing and property,
Managing risk - provides guidance on managing risk to a charity’s beneficiaries,
resources or reputation.
Environmental responsibility - explains why it’s important and points charities to
organisations that can help with environmental responsibility issues.
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What is Social Entrepreneurship?
What is Social Entrepreneurship?
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Social Entrepreneurship is the use of business practices such
as business planning, project management, marketing and
sales, to advance social causes.
And also…….
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Or a process of creating value by bringing together a unique
package of resources to exploit an opportunity that will make
social impact
Examples:
Example of a Social Entrepreneurship?
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The first thing I did was write a letter
to ten people I knew, or didn’t know
but who I wanted to be involved
because I thought they could help,”
she says. “I wrote and told them I
had this crazy idea, and it’s going to
help young people deal with money
and be enterprising, and did they
want to be involved? And they all
wrote back and said yes.
www.mybnk.org
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“My ambition is that you will never
be more than a few minutes' walk
from a cafe which will happily refill
your water bottle for free,” says the
25-year-old.
www.givemetap.co.uk
What makes a business a social
enterprise?
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A social enterprise does:
A social enterprise does not
• Make its money from selling goods
and services.
•
• Cover its own costs in the long-term
(though like any business, it may need help
to get started)
• Exist to make its owners very
wealthy
• Put at least half of any profits back into
making a difference
• Pay reasonable salaries to its staff
Exist to make profits for
shareholders
• Rely on volunteering, grants or
donations to stay afloat in the long
term (though again, it may need this
sort of help to get started)
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Social Entrepreneurs
The WWW factor
What do they do?
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1.
2.
3.
4.
5.
6.
Find an opportunity
Develop a business concept
Figure out what success means and how to measure it
Acquire the right resources
Launch and grow
Attain goals
What else do they do?
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I'm a great believer in luck and I find the harder I work, the
more I have of it.
Thomas Jefferson
Why & how do they do it?
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The SE aims to bring social Values and real-time impact to
their communities and Humanity
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The Noble Prophet (SAW) has taught us that the leader of a
people is their servant. The concept of servantminded leadership is central to Islamic teachings.
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What are the characteristics of the
social entrepreneurs?
The first three
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Strong Islamic & Ethical Impetus (Deen, Emman, Addab,)
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Willingness to Self-Correct
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Willingness to Share Credit
The next three
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Willingness to Break Free of the Established Structure.
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Willingness to Cross-Disciplinary Boundaries.
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Willingness to Work Quietly.
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Can you really change the world?
Example of a nation…in1945
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Example of a nation… in 2011
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The results are….
Global Domination….in silence
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Dream. Believe. Pursue
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Video time….
Sit back and enjoy!
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How to contact Zakat House
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abubaker@Zakat-house.com
Zakathouseuk
020 7368 1645
@Zakathouseuk
Zakat.House
Zakat House
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Any Questions?