Reference no: EM132961614

Problem 1: Religious Supervisory Board of Islamic banks play an important role in;

A) Determination of the ratio of profit-sharing according to Islamic principles.

B) Raising capital for the banks according to Islamic principles.

C) Introduction of new product and services that comply with Islamic principles.

D) Mobilization of funds according to Islamic principles.

Problem 2: The followings are the issues of Islamic money market on a global perspective, EXCEPT:

A) There is limited availability of Shari'ah compliant money market instruments.

B) There is variability of the instruments among member countries.

C) In some countries, money market participants tend to buy and hold these securities until the maturity rather than trade them.

D) Determining the prices of these securities is not a problem.