1-The one who seeks out to buy a machine for their company may approach the bank for its finance.

2. The intended buyer requires the bank to purchase the goods, then when the bank has not possession of the goods, will make a contract with the bank to purchase the goods BBA-Murabahah.

3. The wakeel could not be the intended buyer as they know best what goods they will require.

4. The bank then makes a contract to sell the goods with the mark-up in price and deferred payments.

5 Banks do not require a small safekeeping fee for the collateral.

6. If the collateral sells below the borrowed amount and the creditor cannot recover the debt, the rest of the amount remains due from the debtor.

7 Islamic principles relating to investing and trading stipulate that the acquisition of shares, from an investors point of view, must not also be done in a Shariah compliant way. The following two principles must be observed while investing,

8. To invest in Shariah compliant companies, one has to be very careful that non-liquid assets be over 51% (note that this ratio is the matter of ijtihad). The reason is that money cannot be traded except at par value.

9. Islamic Investment fund works on a partnership basis, where investors jointly pool surplus money for investment purposes. The subscribers of the Fund receive certificates or shares.

10. Islamic banking is not involved in risk taking by its very nature, with the risk minimized by way of valid risk management tools, but never totally avoided or eliminated.

True or false for all questions