If the profits are what bank wants then there is

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If the profits are what bank wants, then there is money to be made by havinga special banking opportunity. Then in this case it would be completely fair tohave a competitive advantage against competitors. There are the
breadcrumbs that have been left by larger banks and Central Bank is seizing all the opportunity. 3.How does ethnocentrism come in to play in this case?One’s beliefs, culture and opinion are definitions of ethnocentrism. Muslims sharing their beliefs about money and how it’s used are based on the Quran within the Central bank. When they put their culture in front of their bank it changes the attitude of Central Bank. Central bank can put forth new financing options that are based on beliefs. They also need to come up with Ijara and Murabaha financing programs for homes. In this case it’s a win; win situation. This case is an example of ethnocentrism. Koran financial principles, Muslimsshould not pay nor receive any interest. They expect that their beliefs need to be honored irrespective of prevailing business policies and/or programs.4.How does in-group collectivism relate to Central Bank’s finance plans? In group collectivism relates to Asian countries which is collective of the Muslim community. Central bank makes special financing options for Muslims. Keeping their customers happy is their duty and they have been doing a great job doing it.
In-group collectivism relate to Central bank because they tried to address their beliefs of Islamic finance principles and special finance plans. Central bank has honored Muslim's beliefs and despite any criticism that may have received they continued to serve the needs of the community.

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