Islam was born in Saudi Arabia and thus is visited by millions of Muslims every year. US Business Practices 2 Differences in Islamic and American Business Practices Abstract Knowing the practices and cultures of another country you want to do business either in or with will go a long way to success or failure. Nevertheless, it is still important to be aware and respectful of some of the differences that might exist. New articles are added every week. Islam has given detailed regulations for our economic life, which is balanced and fair. You have to understand the people you will be dealing with and make sure you don’t show any unintentional signs of disrespect. The implication is that culture plays a crucial role in business, and … No one can point a finger at such a company and justifiably cry out, "Hypocrite!" The most evident difference is seen regarding culture. Islam is an entire way of life, and Allah's Guidance extends into all areas of our lives. The UAE is a considerably modern country in relation to the rest of the Middle East region. UAE public holidays There are various different ways in which business conduct in Islamic countries differ from practice in the US. Islam is practised by all Saudis and governs their personal, political, economic and legal lives. Protestants see Catholicism as the religion most like their own, followed by Judaism. Islamic countries differ significantly with the United States of America in many aspects. This website is for people of various faiths who seek to understand Islam and Muslims. It contains a lot of brief, yet informative articles about different aspects of Islam. Muslims are to recognize that wealth, earnings, and material goods are the property of God and that we are merely His trustees. Also, it features Live Help through chat. Just as there are differences between other aspects of Islamic and western practices, Islamic and western business ethics too have certain differences. In fact, majorities say that each of these faiths is different from their own religion, with sizeable numbers saying that these religions are very different from their own (37% say this about Mormonism, 40% about Hinduism, 44% about Buddhism and 45% about Islam). That is, there is congruency between what the organization verbalizes and what it practices. Cultural differences transcend daily lives to business practices. Islamic vs. Socrates (469-399 BC) declared, “The greatest way to live with honor in this world is to be what we pretend to be.” A Christian business is the epitome of integrity. Here are 10 tips on general Muslim business etiquette that will keep you in … As the literal word of God, the Qur’an makes known the will of God, to which humans must surrender (lending the name Islam, meaning ‘surrender’). As such, many traditional attitudes and business practices are evolving towards a more westernised approach. Islam, major world religion that emphasizes monotheism, the unity of God (‘Allah’ in Arabic), and Muhammad as his final messenger in a series of revelations. Answer (1 of 1): Hi,Thanks for your question. A discussion of usury and its effects, and a look at deception and other prohibitions in Islamic business and trade. The majority of Saudi Muslims are Sunni although a large number of Shia populate the … Although it has to be acknowledged that there are cultural variables depending on what part of the world you are in, when it comes to doing business with Muslims; etiquette may just be the difference between failure and a successful close. Although it is understandable that vast differences in protocol would arise from the East to the West.First of all, a great difference lies in the law. 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