Islamic countries have a conserved business culture, where specific factors have to be considered. It is very different in comparison to the modern United States business culture, which is very accommodating. The first aim of conducting business in Islam is establishing a Halal way of life while in the United States; making a profit is the primary aim of creating a business. Cleanliness is a virtue in Islamic business culture (Hassan & Alanazi, 2018). The Prophet has talked about cleanliness, where no presence of animal blood is expected on the business places, especially the Halal grocery stores. The virtue is not taken as seriously in the American business culture.
The two business cultures are the same in different ways. Both of them champion for honesty and truthfulness. The ethical code of conduct guides the Americans in being honest while the Muslim business people have the teachings of the Prophet on how to conduct business, where building trust with clients is necessary. Business in the two cultures aims at higher goals. The businessmen in both cultures aim at expanding their operations, and the Muslims are encouraged to pool resources from their community for growing the business (Hassan & Alanazi, 2018). It is believed to reduce the overhead cost as well as prices of the products in the long-run. The Americans, however, pool their resources from different parts of the world, which makes them more ambitious and that increases both the overhead cost and price of products.
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In Islam, there are products which are considered haram, and the Muslims are not allowed to trade such things, for instance, alcohol and pork. The American businesses, however, do not have products which they cannot sell as long as they are making profits. It is thus clear that both Americans and Muslims may have similarity in business but the way it is carried out shows the differences.
Reference
Hassan, H. S., & Alanazi, T. M. (2018). Roles of Islamic Business Ethics in the Formation of Internal Organisational Culture: A Qualitative Approach of Muslims’ SMEs in the UK. International Journal of Economics, Business and Management Studies, 5(1), 16-30.
