QUESTION 1 You are the fund manager of pha securities, which offers shariah-compliant investment solutions for high-net-worth clients. During the last year, you invested a sirable portion of your portfolio in Zous enterprises. The main business of Zeus enterprises is selling luxury products. You bought shares of Zeus enterprises at a share price of AED 15 per share on 01/01/2020. On that date, Zous was shariah compliant. Today (19/12/2019) the share price of Zeus has increased to AED 20 per share. However, today you received some information that Zeus is no longer Shariah-compliant because the proportion of debt in their capital structure has become higher than the acceptable proportion of debt. As a fund manager, you have decided to sell the share of Zeus enterprises immediately. As a sharia- compliant fund manager, how will you deal with the proceeds from selling Zeus shares? Please elaborate. Paragraph Artal 3 (12) IE T X DOO . fi Mashup 9 TEH ok Save and Submit to sane and submit. Click Save All Answers to save all answers. Save All Answers MacBook Air QUESTION 1 You are the fund manager of pha securities, which offers shariah-compliant investment solutions for high-net-worth clients. During the last year, you invested a sirable portion of your portfolio in Zous enterprises. The main business of Zeus enterprises is selling luxury products. You bought shares of Zeus enterprises at a share price of AED 15 per share on 01/01/2020. On that date, Zous was shariah compliant. Today (19/12/2019) the share price of Zeus has increased to AED 20 per share. However, today you received some information that Zeus is no longer Shariah-compliant because the proportion of debt in their capital structure has become higher than the acceptable proportion of debt. As a fund manager, you have decided to sell the share of Zeus enterprises immediately. As a sharia- compliant fund manager, how will you deal with the proceeds from selling Zeus shares? Please elaborate. Paragraph Artal 3 (12) IE T X DOO . fi Mashup 9 TEH ok Save and Submit to sane and submit. Click Save All Answers to save all answers. Save All Answers MacBook Air