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Imagine a 5 years Musharakah contract between Global Market Fund (GMF) and Global Investment Company (GIC) to buy a food processing factory, where GMF contributes

Imagine a 5 years Musharakah contract between Global Market Fund (GMF) and Global Investment Company (GIC) to buy a food processing factory, where GMF contributes 70% and GIC contributes 30% of the underlying assets and both have preemptive rights. GMF wants to quit from the Musharakah contract at the end of second year, then the following situation is the truest option

1.

GMF can sell its share only to GIC

2.

GMF can sell its share only to third party

3.

GMF can sell its share to third party only after the consent of GIC

4.

None of the above

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