Solution-Calculate the difference of total losses to be

Calculate the difference of total losses to be borne

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Reference no: EM132961621

Problem 1: Which of the following is CORRECT on Malaysian approach in regulating Islamic Capital Market?

A) Islamic instruments must fulfill the specific requirement for Shariah compliant first, before fulfilling the general regulatory requirement.

B) Guidelines on offering Islamic securities are the example of General Regulatory Requirement.

C) The specific requirement for Shariah compliant involve the appointment of Shariah advisor and approval by Shariah advisory council.

D) Conventional instrument must not fulfill the General Regulatory Requirement only.

Problem 2: Mulia and Milia are interested to venture in a business and they are agreed to contribute the capital of RM15,000 and RM35,000 respectively. They were also agreed to have predetermined profit sharing at ratio of 40:60 (Mulia:Milia). However, if the business suffered losses of RM6,000, calculate the difference of total losses to be borne by them.

A) RM2,571.43

B) RM2,400.00

C) RM2,000.00

D) RM1,800.00

Reference no: EM132961621

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Calculate the difference of total losses to be borne

Reference no: EM132961621

Reference no: EM132961621

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