Mozaffar has a thoughtful post on the similiarities between Jews and Muslims, a topic that has long been dear to my heart.
If the Prophet -p- has been reported to have said that we (Muslims) and they (the Jewish people) are so alike that we are like two shoes of a pair, then what does that tell you? Further, look at al-Baqarah; our Blessed Creator speaks to us by way of speaking to the Children of Israel, and then (almost immediately afterwards) speaks directly to us. He even repeats some of the same things that He says to them. What does that tell you?