Ethical Issues while using Agents to Develop Business in the Middle East: Shariah Law Perspective
Article from: OGEL 5 (2003), in Corruption
Summary
Agents are used extensively for developing business in the Middle East. This is because the laws of the Middle Eastern countries, especially Saudi Arabia and the Arabian Gulf countries offer significant protection to the nationals of their countries through their respective laws, which are all based on the Shari'ah law. In this regard, note that in the past, except for the foreign companies engaged in petroleum exploration and production, agents (Kafeel) were required for all companies/ persons doing business in Saudi Arabia and the Arabian Gulf countries. Recently these ...