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23) The following are examples of non- profitable Islamic financial products EXCEPT: a) zakat (alms) b)waqf (charitable endowment) c)tabaruat (gratuitous contracts) d) musharakah www 24) Islamic finance, as an ethical, interest-free regime built on PLS, is meant: a) Only for Muslims b) For Muslims and non-Muslims only in commercial transactions c) For Muslims and non-Muslims only in personal finance d) As an alternative to conventional finance 25) Which one of the following statement(s) is/are true? a) by the end of 2010, it was estimated that the total size of Islamic financial assets was more than US$1 trillion b) Sharah -compliant assets rose by 8.85 percent from US$722 billion in 2009 to US$985 billion in 2010 c) by the end of 2011, the total estimate of Sharah compliant assets was put at US$1.38 trillion d) all of the above