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Four clients recently used Shariah-compliant Islamic products. Client A used an jara Client B used a Musharaka Client C used a Mudaraba Client D used
Four clients recently used Shariah-compliant Islamic products.
Client A used an jara
Client B used a Musharaka
Client C used a Mudaraba
Client D used an Ijara-wa-latina
Which of the following statements is true?
- Clients A and D both entered into leasing agreements but only Client D is able to buy the product at the end of the contract
- Clients B and C both entered into an investment partnership but only client B is deemed to be a majority partner
- Only Client B can suffer from a partial loss of the capital initially invested
D. Only Client D can cancel the contract mid-term
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