Muhammad Iqmal Hisham Kamaruddin^a and Sofiah Md Auzair^a
aFaculty of Economics and Management,
Universiti Kebangsaan Malaysia, Malaysia

Based on the Islamic social enterprise (ISE) concept which is a combination of both social and economic objectives embedded with Islamic principles and values, this study aims to classify ISE based on economic sectors namely public, private and non-profit sectors. In addition, eight organisations that represent ISEs in Malaysia are also discussed to support the classification of ISE based on economic sectors. To examine these eight ISEs, this study reviewed professional documents, online information and comprehensive literature to analyse selected ISEs in Malaysia. Based on the findings, this study concludes that ISEs in Malaysia can be classified based on all the three economic sectors identified. Therefore, this study contributes to the body of knowledge as the pioneer study that examines and explores classification of ISEs based on economic sectors specifically within Malaysia.

Keywords: Islamic Social Enterprise (ISE); Social Enterprise (SE); Economic sector; Islamic social accounting