Introduction Globalization is considered to be one of the most significant phenomena of the modern world. Globalization is a kind of dream that presupposes the unity of all sources and support of all existing countries. Ideally, globalization is about becoming one society with mutual understanding and common goals for further development and living. However, an immense variety of cultures and religions makes globalization rather a challenge. Substantial differences between societies impede the processes of globalization. Islamic societies and globalization comprise a controversial topic for discussion. In the following paper, the concept of globalization from the Islamic perspective will be evaluated. Defining Globalization The notion of globalization was used in the 1960s for the first time. Initially, the term “globalization” was used in economic literature mainly when it concerned about marketing strategies and expansion. The current understanding of this concept became popular in the 1990s with the help of mass media mostly. As Featherstone (2002, p. 1) states, ‘the root ‘global’ seems to possess a self-evident quality in its suggestion of not only the expansion of the scope of our social relations to the planetary limits but also in the way it points to the spatial integration of the world through increased communication and trade’. This statement explains the nature and target aim of globalization — the formation of one humanity. The distinctive feature of globalization is economic integration. The aim of globalization is to provide benefits for the whole humankind by sharing resources and boosting economies on the global level. This idea has been promoted by well-developed industrial countries primarily because they will benefit from economic integration most of all. Thus, economic integration is a challenge for developing countries that lack resources to contribute to the global economy. In ‘General Introduction’ (2006), it is written that critics of globalization call globalization ‘neo-colonialism’ for this reason. According to information presented in ‘General Introduction’ (2006), the economy may be regarded as an engine of globalization. The best examples of successful implementation of globalization derive from this sphere. One can take the spread of cultural icons as an example and proof. Thus, McDonald’s, Jeans, and Coca-Cola are the most easily recognized icons of Western society. These images serve as symbols of successful and wealthy industrial societies. They demonstrate that globalization is inevitable to reach the same level of development and well-being of society. Islam and Globalization When it comes to the globalization of Islamic societies, many controversial debates appear. The globalization has already affected Muslim nations, and the concern is about the further impact of globalization. Many people from Western countries share the opinion that already developed concepts of human rights and democracy just should be implemented in practice in countries that have not accepted them yet. Thus, the only problem is to explain the significance and usefulness of these ideas. Featherstone (2002) writes about the controversy of such intention. In this case, it seems that Western societies obtrude others to accept practices that contradict with core principles of life in those cultures. This is the point where the problem of Muslim identity arises. ‘Globalization is a normative force with a se