1. A monetary supporter purchased 390 units of a Mutual Fund at $12.89 per unit on 31st December,

2009. As on 31st December, 2010 he has gotten $2.25 as benefit and $1.00 as capital

gains appointment per unit.

Required :

(I) The benefit from the endeavor if the NAV as on 31st December, 2010 is $19.00.

(ii) The benefit from the endeavor as on 31st December, 2010 if all benefits and capital

gains scatterings are reinvested into additional units of the resource at $12.89per unit.

2. Sharikah is boss term than

a. ijarah

b. murabaha

c. musharika

d. shirkat-ul-ainan

3. Verifiably it implies a credit deal is

a. baimuajjal

b. mudarabah

c. ijarah

d. murabaha

4. A financial backer and his client contribute either in shared ownership of a resources or gear, or in a joined business adventure is

a. decreasing musharika

b. musharika

c. ijarah

d. salam

5. The term Shirrkah - al-aqd in Islamic business law alludes to an association or joint adventure shaped by... ...

a. Installment of a fixed price

b. Safe keeping

c. Contract

d. Administering by the shariah researchers

6. The Islamic monetary framework disallows exchanges including

a. Outrageous vulnerabilities coming about because of hypothesis and betting

b. Sharing of benefit and hazard of misfortune

c. Association arrangements

d. Exchanging for benefit

7. Are Islamic financial items for Muslims as it were

a. For Muslims and those non-Muslims who are permitted by Sharri'ah researchers.

b. No

c. Indeed

d. For muslims and the individuals who convert to muslims

8. Tameen is another name for

a. Takaful (Islamic insurance)

b. Faqir (a destitute individual)

c. Shirkah (partnership)

d. Tatfif (misrepresentation)

9. Amanah in Islamic financial alludes to

a. A store held in trust which makes different trustee obligations.

b. A specialist who is counseled for guidance on Islamic law.

c. A without interest advance.

d. An advance that doesn't need to be reimbursed

10. The Arabic expression Haq implies

a. Lawful rights

b. Credit proposition

c. Taking full responsibility

d. Sort of offer