Reference no: EM132784487
Questions -
Q1. Explain the important roles of a bank for a business.
Q2. State and define any six terminologies in Islamic finance.
Q3. Briefly explain the following contracts in Islamic finance arrangement:
i. Musyarakah
ii. Mudharabah
iii. Murabahah
iv. Forward sales contract
v. ljarah
Q4. Explain any four important aspects of an Islamic hire purchase (AITAB) contract.
Q5. Discuss any four responsibilities of hirer in an AITAB contract.
Q6. As a Muslim business, describe the fundamentals of Islamic ethics in investment.
Q7. Describe any two forms of permissible investment for a Muslim business.
Q8. State any three examples of market manipulation.
Q9. Briefly explain the following prohibitions in Islamic finance:
i. Market manipulation
ii. Uncertainty
iii. Speculation in investment
Q10. State four elements that make speculative trading in stocks an outright gambling.