Sharia Business Feasibility Study

Abstract

The writing of this article aims to examine the sharia business feasibility study related to determining the choice of field and type of business, decision-making criteria, the benefits of sharia business feasibility studies and the sharia business feasibility study process. The method used in writing this article is descriptive qualitative with library research method. Data collection is done by reviewing literature from various journals, books and e-books. The findings show that in determining the choice of sharia-compliant business fields and types, a businessman must consider several things, namely halal products; not practicing mal-business; not monopolizing; avoiding usury in buying and selling (riba fadhl); not doing ihtikar; not reducing scales or doses; and must be honest and responsible. Decision-making criteria consist of legal aspects, socio-economic aspects, market and marketing aspects, technical and technological aspects, management and human resources aspects and financial aspects. The benefits of sharia business feasibility studies are a form of effort to achieve business success, minimize risk, assist in business planning, help get started in business implementation, facilitate supervision and facilitate control. The business feasibility study process consists of the stages of searching for business ideas, preliminary studies, business feasibility design, data collection, data analysis, drawing conclusions and recommendations.