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A) The jurists have different opinions regarding the validity of non-cumulative preference shares (NCPS). What are their arguments in approving or disapproving NCPS? Discuss in

A) The jurists have different opinions regarding the validity of non-cumulative preference shares (NCPS). What are their arguments in approving or disapproving NCPS? Discuss in detail. What is your opinion regarding this matter?

B) David Bloom at HSBC said: You can never hedge against a trend move but a company can determine its break even rate. If you dont lock it in, youre a currency trader. If youre not hedging, youre speculating. Do you agree to this statement? What are the parameters for hedging in Islamic finance?

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