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FASTTTT 19) International bodies dedicated to enhancing Islamic finance industry include: a) the International Islamic Financial Market (IIFM) b) Islamic Financial Services Board (IFSB) c)

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FASTTTT

19) International bodies dedicated to enhancing Islamic finance industry include: a) the International Islamic Financial Market (IIFM) b) Islamic Financial Services Board (IFSB) c) accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) d) all of the above 20) Examples of Islamic non-bank financial institutions include: a) Islamic leasing and factoring companies, b) Islamic microfinance institutions, c) waqf management institutions, d) all of the above 21) is not a key operating mechanisms of Islamic banking and finance industry. a) Fund mobilization b) Fund utilisation c) Takaful/retakaful d) Leasing mode w 22) All financing in Islamic banking and finance can be conveniently classified under: a) sharing modes b) sale modes c) leasing modes d) any of the above modes

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