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). Here are 10 tips on general Muslim business etiquette that will keep you in … Also, it features Live Help through chat. You have to understand the people you will be dealing with and make sure you don’t show any unintentional signs of disrespect. Muslims are to recognize that wealth, earnings, and material goods are the property of God and that we are merely His trustees. 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. This website is for people of various faiths who seek to understand Islam and Muslims. 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. Islamic vs. A Note on Islamic Finance: Finance that complies with Sharia law can vary dramatically from Western notions of finance.While some Muslim businesspeople have adopted interpretations of Sharia law that are more compatible with Western practices, don’t be surprised if you encounter resistance to certain types of financial arrangements. 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. Cultural differences transcend daily lives to business practices. 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’). Answer (1 of 1): Hi,Thanks for your question. Islamic countries differ significantly with the United States of America in many aspects. 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. The UAE is a considerably modern country in relation to the rest of the Middle East region. That is, there is congruency between what the organization verbalizes and what it practices. In fact, this is a topic that has been widely researched and written about. 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!" Islam is an entire way of life, and Allah's Guidance extends into all areas of our lives. Islam has given detailed regulations for our economic life, which is balanced and fair. Just as there are differences between other aspects of Islamic and western practices, Islamic and western business ethics too have certain differences. As such, many traditional attitudes and business practices are evolving towards a more westernised approach. Nevertheless, it is still important to be aware and respectful of some of the differences that might exist. There are various different ways in which business conduct in Islamic countries differ from practice in the US. New articles are added every week. A discussion of usury and its effects, and a look at deception and other prohibitions in Islamic business and trade. Protestants see Catholicism as the religion most like their own, followed by Judaism. The majority of Saudi Muslims are Sunni although a large number of Shia populate the … Islam is practised by all Saudis and governs their personal, political, economic and legal lives. 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. 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