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.

Question

Quizplus · Accepted Answer

Islamic financial institutions operate under Shariah principles, which require specific guidelines that differ from those of conventional financial institutions, addressing unique issues like interest (riba), uncertainty (gharar), and investment in prohibited industries.

There Is No Need for Special Guiding Principles Specifically Designed