Topic 7
DEFINITION OF ISLAMIC MARKETING
Islamic Marketing is the study of marketing phenomena relative to Islamic principles or within Muslim societies (Jafari, 2012). It includes:
- Religion-based marketing: Guided by Islamic Shariah (Alserhan, 2011).
- Targeting Muslim consumers: Practices by any company aimed at Muslim markets.
CORE DEVELOPMENT POINTS
- Shariah Alignment: Ensure all business practices are free from prohibited acts.
- Integrity: Emphasize honesty and commendable character.
- Standards: Strive for high-quality ethics meeting societal expectations.
KEY MARKETING STRATEGIES
- Halal & Toyyiban Certification: Ensure products are lawful, pure, and safe.
- Ethical Communication: Maintain honest advertising and consistent messaging.
- Promoting Welfare: Foster relationships through tolerance and mutual benefit.
- Consent & Education: Ensure coercion-free trading and use marketing to inform consumers of Islamic principles.
- Sustainability: Promote the well-being of humanity and the environment.
STRATEGIES FOR IMPLEMENTATION
- Shariah Conformity: Use third-party monitoring and pure production processes.
- Distinctive Branding: Design products and messaging rooted in Islamic values.
- Business Assurance: Fulfill promises and utilize ethical personnel to avoid fraud.
- Moral Advertising: Communicate realistic product benefits and drawbacks.
- Customer Focus: Prioritize timely, quality delivery while maintaining good character.
ISLAMIC MARKETING MIX ()
- Product: Services must align with the Halal-Haram divide.
- Price: Balance profit with the economic burden on consumers.
- Place: Use Shariah-compliant and ethical distribution channels.
- Promotion: Avoid misleading tactics; align with Islamic teachings.
- Process: Maintain Shariah compliance across the entire supply chain.
- People: Train staff in Muslim customs to enhance customer satisfaction.
- Physical Environment: Provide facilities like prayer areas and Halal food services.
TOURISM RELATIONSHIP
The Holy Qur'an encourages global travel to observe Allah’s creations across lands and seas.