The differences and similarities between the Christian and Muslim Research Paper

The differences and similarities between the Christian and Muslim faiths - Research Paper Example In order to understand the two religions, this paper will discuss the differences and similarities between the Christian and Muslim faiths. The first main difference between Christian and Muslim faiths has to do with the recognition of Jesus. Even though both faiths recognize Jesus, their beliefs on him greatly differ. Both faiths believe that Jesus was born of the Virgin Mary and that he was infallible and sinless; however, while Christians see Jesus as God Himself, Muslims view Jesus a prophet of high regard (Renard, 2011). Christians are of the view that Jesus was a spiritual and not a political leader, and this is why most dominantly Christian nations practice separation of state and church. To Muslim, however, Muhammad was both a religious and political leaders, and this explains the integration of state and Islam religion in many Muslim countries. Related to this difference is believe in the Holy Trinity; Christians believe in the Holy Trinity, that is three persons in one divi ne nature, while Muslims believe that God is one person only. To Muslims, Jesus was not divine but was a human prophet who was sent by God just like prophets Moses and Muhammad (Riley-Smith, 2011). It is for this reason that Muslims are of the view that since these prophets were human beings, they should not be worshipped directly or indirectly. The other main difference between the two religions is in regard to their founders. To Christians, Jesus is the founder of Christianity and they ought to live according to His teachings. However, to Muslims, Muhammad is the founder of Islam; he was both the religious and political leader (Rousseau, 1999). It should be noted that both religions believe their founders are sinless and infallible. In addition, Christian and Muslim faiths differ on the idea of how salvation is obtained. On one hand, Christians believe that Adam and Eve committed sin and that all people, aside from Jesus, were born with this original sin (Al-Moghamis, 2002). They also believe that human beings are imperfect, and therefore man can only earn salvation through God’s grace and Jesus’ sacrifice. Besides, Christians believe that they can earn reparation and indulgences for their sins, through the saints’ good works (Riley-Smith, 2011). On the other hand, Muslims believe all humans are born sinless, and therefore they are responsible in maintaining this state throughout their life. Muslims also believe that all individuals are responsible for their individual salvation, and that no individual can receive an indulgence. The Quran cites two reasons why Muslims do not believe in the Original sin: God forgave Adam for his sin; and no one should bear the mistake or sin of someone else because it is unfair (Renard, 2011). In spite of the aforementioned differences between Christian and Muslim faiths, there are a number of identifiable similarities. The both have similar beliefs regarding what will happen at the end of time. They beli eve that all human beings will be judged and will go either to heaven or to hell (Rousseau, 1999). In addition, they both believe that heaven is eternal and all human beings should strive to go to heaven. Both Christianity and Islam have certain similar religious aspects: almsgiving, fasting, and prayer. They both have particular holy day where followers are obligated to prayer and engage in other religious rituals.

How change in oil prices affect the stock market of GCC prices Assignment

How change in oil prices affect the stock market of GCC prices - Assignment Example The abrupt fall in oil prices has a varied effect on the world economies. Most of the oil producers will face economic recessions, and the value of their currencies will depreciate, owing the reduction in the purchasing power. Major oil producers will lose their funds, owing to the abrupt decrease in value of oil. However, the US and other oil consumers have no major worries, and the drop in the prices of oil proves to be a positive movement for betterment of the economy (Mirhaydari, 2014). The history of oil prices encompasses varied changes though this may appear as the major decrease in the 21st century. Before the industrialization and increased dependence on oil, prices were low. However, the increased demand for oil resulted in an increasing value of the crude oil. It has remained this way for a long time until now. Much of the world still depends on oil, though major economies, such as China, USA, and Europe as a continent, have minimized their consumption, narrowing the market (Stefanova, 2014). The price fall may be attributed to this demand change. The stock markets of GCC will be adversely affected by the decrease in the oil prices worldwide. The reduction in the GDP of these nations will amount to decreased spending, and thus there will be a reduction in the demand for shares and stocks, minimizing the trade occurrence. A stock market crash may be possible since there will be significant effects on the countries’ economies. The prices of stocks will fall, because of the prevalent low oil prices. Oil is the largest export in these countries, and thus a reduction in the money in circulation, which limits consumer spending, resulting to poor performing stock markets (Morris, 2015). Oil prices are at their lowest state in the 21st century, resulting in varied effects on the economies of different countries. The US, Europe, and China are some of the