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12. Operational Risk refers as (a) transactions Risk (b) fraud Risk (c) legal Risk (d) all of the above (e) none of the above Sukuk

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12. Operational Risk refers as (a) transactions Risk (b) fraud Risk (c) legal Risk (d) all of the above (e) none of the above Sukuk investors observed liquidity risk because (a) delay or default on payments/repayments by the originator (b) asset value falls reducing repayment amount on maturity (c) no buyers in secondary market for sukuk (d) sukuk no longer being shari'ah compliant (e) none of the above 13

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