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Corporate Religion

Dana Alduaij

In Islamic Sharia, trade between Muslims and non-Muslims is permissible. However, Sharia distinguishes between them in some religious aspects and these have a direct effect on business transactions, namely in terms of money and control. This sheds light on the importance of identifying the religion of the dealing parties in any sort of Islamic business. Determining an individual’s religion or lack of religion is not difficult but traders can be natural or artificial persons such as corporations. This then raises the question of how to ascribe a religion to such a body. This article will show that corporations have a universal right to follow and manifest a religion and be recognised in such a way. It also provides criteria for determining the religion of a corporation.