Author(s): Mohammad Ali Ashraf
The prime objective of this paper is to propose a new conceptual model on the theory of Islamic entrepreneurship in which the influence of Islamic laws plays a significant role in shaping Islamic entrepreneurial activity. The proposed theory has not been tested empirically and the rubrics of it is fundamentally based on three basic models of the theory of planned behaviour (TPB), the theory of bounded rationality and the theory of social entrepreneurial intentions.. The theory proposed five hypotheses to test the cohesion of the variables included in the model. The theory suggests future studies to test it empirically collating filed level data