Abstract:
This article gives a thorough investigation into the mosque-based cooperative business
model, its guiding principles, and its possible effects on community small and medium-sized
companies (SMEs). Mosques have historically played an important role in community
development and social cohesion as well as serving as religious organizations. In recent years,
an increasing number of mosques throughout the world have embraced the idea of
cooperative economy, combining their resources and energies to assist neighborhood
businesses and promote economic development. The study obtained data from qualitative
interviews with mosque administrators, SME owners, and community members. The study
looks into the tenets of cooperatives founded on mosques, including mutual help, shared
ownership, moral business conduct, and community empowerment. It also looks at the
practical facets of these cooperatives, such as membership arrangements, governance forms,
funding schemes, and methods for working with nearby SMEs. The results of this study add
to the body of knowledge on community-driven projects and alternative economic models. It
clarifies the mosque-based cooperative model as a potentially effective strategy for
promoting entrepreneurship, economic growth, and social cohesion at the local level. For
policymakers, community leaders, and practitioners interested in advancing inclusive and
sustainable economic systems, the research also underscores the difficulties and
opportunities related to putting into practice and maintaining such cooperative ventures.
