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Explain the important roles of a bank for a business

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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.

Reference no: EM132784487

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