Translating Muslim Giving Into Social Entrepreneurship

credit: Flickr

Esra Tunc, a PhD student in the Religious Studies Department at the University of California in Santa Barbara, talks about the Company of Social Impact (a pseudonym), which is committed to using financial and media technologies to facilitate Muslim giving.

Esra states that the company's crowdfunding platform shows how various forms of Muslim giving in the US are currently embracing the language of entrepreneurship. According to Esra, the company sees itself as providing a model for how to incorporate "Islamic" ways of life into forms of exchange. The company's campaign coach, as told to Esra, considers her work to be iba'dah (ritual) because she thinks that it follows the path of God.

Indeed, for the Company of Social Impact, social entrepreneurship is re-described as the fi sabilillah ("on the path of God") model.

The company's members and campaign creators invite Muslims to give for the "social good," and they respond to this invitation by giving money. The company's crowdfunding strategy also enables them to serve worldwide and to be a part of the global Islamic economy.

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