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Entrepreneurship Development for Rehabilitation of Muslim Youth – Investigating the Role of Islamic Bank Bangladesh Ltd. (IBBL)

Keywords: Entrepreneurship , Rehabilitation , Muslim Youth , Islamic Bank , Bangladesh

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Abstract:

Generation of self-employment among Muslim youth is most crucial in Bangladesh. Of all the factors that contribute to the situation, lack of technical know-how is most significant. In Bangladesh, millions of Muslim youth are looking for jobs. These unemployed youth can be involved in different types of self-reliant projects. But the success of the projects depends on the development of the skills of the youth. In this context, IBBL is playing significant role in the process of skill development of youth through entrepreneurial training. The data and information have been collected from Bangladesh. An attempt has been made to discuss the issue how entrepreneurial training program of IBLL can be used in motivating Muslim youth towards self-employment activity as a career. To set up a small venture and run it successfully by emerging youth entrepreneurs three types of assistance are required such as stimulatory, supportive and sustaining activities. Major roadblocks on the way of Muslim entrepreneurship development have been empirically identified to be the paucity of fund, low level of education, training, technology and experience of the entrepreneurs. The paper concludes with suggestions for increased cooperation and collaboration among the Muslim countries for youth entrepreneurship development of Muslim Ummahs.

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