Akhter is a recent graduate from Zayed University. After graduation, he is working for a local Bank. During a meeting one of his colleagues mentioned that they should focus on developing strategies so that they can transfer their risk to other parties. Akhter knows that an alternative to risk transfer is risk sharing, however, he could not explain to his colleague that which one is a better option. As an Islamic finance expert, please elaborate that whether risk transfer and risk sharing are shariah compliant practices. Please provide detailed reasons for each of these practices shariah compliance or non shariah compliance. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I y S Paragraph Arial 14px i TE % od Q V V ... == X2 X2 I & I TR + , :) # O WORDS POWERED BY TINY