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islamic banking and finance 2 please answer ASAP PART 1: Knowledge Practical Application Direction: Circle the correct answer 1. The difference between Istisna'a and Murabaha
islamic banking and finance 2
please answer ASAP
PART 1: Knowledge Practical Application Direction: Circle the correct answer 1. The difference between Istisna'a and Murabaha is: A. Under Murabaha, the Rab ul Mall will buy the goods before they are physically available. is before they are constructed. buy the goods before they are constructed. 2. The difference between Musharaka and Mudaraba is (All Except): A. In Mudaraba any losses are suffered by the Mudarib alone. B. Investment in Mudaraba comes only from the Rab ul Mall. C. In Musharaka all the partners share the loss in proportion to the ratio of their investment. 3. In Mudaraba the financial losses are always: A. Shared in a fixed ratio. B. Paid by the Rab ul Mall. C. Paid by the Mudarib. 4. In Musharaka Losses are shared according to: A The proportion of the amount invested. B. According 10 a fixed amount. C. 50:50. 5. Unrestricted Mudaraba means: A. The Rab ul Mall can invest in 8. The Mudarib can invest ahe fank provides: that akation the project. B No capital for the project. C. Part of the capital for the project. 8. The Mudarib provides: A. All the work for the project. B. Some of the work for the project. C. No work for the project. 9. In Musharaka Financial losses are always: A. Shared in a fixed ratio. B. Pald by the Rab ul Mall. C. Paid by the Mudarib 10. Under Tier 1 Mudaraba: A. The Bank is Rub ul Mall B. The depositor is the Rab ul Mall. C. The Mudarib is the entrepreneurStep by Step Solution
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