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Describe the execution of Diminishing Musharka in Islamic banks. Also discuss the basic rules of this product. How Islamic Banks use Murabaha for financing? Write
- Describe the execution of Diminishing Musharka in Islamic banks. Also discuss the basic rules of this product.
- How Islamic Banks use Murabaha for financing? Write down the steps to be followed to make the contract Sharia compliant.
- Explain the difference between commutative contract and non-commutative contract. Why Insurance is Non-Sharia compliant?
Note: Plz answer this question in 1 hour, plz help me out.
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