There Is No Need for Special Guiding Principles Specifically Designed

question 77

True/False

There is no need for special guiding principles specifically designed to cater for the needs of institutions offering Islamic financial services since all issues are of equal importance to all financial institutions across the world.

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Definitions:

Suspend Judgment

Temporarily refraining from making a decision or forming an opinion until all evidence and facts are known.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often resulting in prejudice against other groups.

Enculturation

The process by which people learn the dynamics of their surrounding culture and acquire values and norms appropriate or necessary in that culture.

Food

Substances consumed to provide nutritional support for an organism's body, essential for growth, energy, and maintaining life.