One of the important roles of Islamic financial institutions is managing their assets and liabilities. Liabilities of the institutions are created through the process of
One of the important roles of Islamic financial institutions is managing their assets and liabilities. Liabilities of the institutions are created through the process of mobilization of deposits while the assets are created when such funds are extended in the form of financing or investments.
(1)Explain briefly the Shariah concepts and principles used in mobilization of deposits.
(2)Explain TWO (2) methods in which profits are created and shared between the depositors and the Islamic financial institutions.
(3)Explain SEVEN (7) differences between Mudharabah and Conventional Fixed Deposit.
(4)Explain FIVE (5) differences between Mudharabah and Musyarakah.
(5)The relationship between RHR Islamic Bank and investment account holders is govern by the mudharabah contracts.You are given with the following information.
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