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Question 4 Unit trust is considered a popular and convenient forms of investment especially for low risk investors. a. b. i. Discuss how an Islamic

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Question 4 Unit trust is considered a popular and convenient forms of investment especially for low risk investors. a. b. i. Discuss how an Islamic unit trust is essentially different from a conventional unit trust. (5 marks) ii. Briefly explain the five (5) aspects that an Islamic unit trust fund managers need to address to ensure the Shariah-compliant status of their Islamic unit trust fund. (15 marks) Briefly discuss the debate surrounding the validity of short-selling and the decision of the Shariah Advisory Council (SAC) of Securities Commission (SC) to allow short-selling in Malaysia. (10 marks) Question 4 Unit trust is considered a popular and convenient forms of investment especially for low risk investors. a. b. i. Discuss how an Islamic unit trust is essentially different from a conventional unit trust. (5 marks) ii. Briefly explain the five (5) aspects that an Islamic unit trust fund managers need to address to ensure the Shariah-compliant status of their Islamic unit trust fund. (15 marks) Briefly discuss the debate surrounding the validity of short-selling and the decision of the Shariah Advisory Council (SAC) of Securities Commission (SC) to allow short-selling in Malaysia. (10 marks)

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