Description
What difficulties might a Saudi company encounter as it does business in countries that do not follow Sharia banking (Islamic banking) and financial management practices?
Be 2-3 pages with at least two scholarly, peer-reviewed journal articles.
Explanation & Answer
Attached.
Running head: DISCUSSION FORUM QUESTION
1
What difficulties might a Saudi company encounter as it does business in countries that do not
follow Sharia banking (Islamic banking) and financial management practices?
Student’s Name
Institution
DISCUSSION FORUM QUESTION
2
Introduction
One strategy of attaining company extension to address novel marketplaces and lowpriced access finances is through global acquisitions as well as mergers. The companies within
the Gulf zone, such as the firms within Saudi Arabia that follow Islamic banking and principles,
are keen to engage with companies that do not follow Islamic banking and policies such as
European firms to access the benefits of globalization (Abdullah and Chee, 2010). Companies
from Saudi Arabia yearn very much to do business in nations that do not follow sharia banking
or Islamic banking and financial practices. Nevertheless, for such a takeover to take place or
succeed, correspondence between the organizational culture and the regulation system is
essential. The potentially varied legal as well as political setting can create areas of concern that
may just be addressed through synchronization of the...
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