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Question No.1 10 Marks A) Mr. Hassan need financing for his business. He approached ABC Islamic Bank and request for financing. Explain How Bank will
Question No.1 10 Marks
A)
Mr. Hassan need financing for his business. He approached ABC Islamic Bank and request for financing.
- Explain How Bank will execute Musharkah.
- Discuss the forms of Musharka used in Islamic Banks
B)Government of Pakistan plans to issue Sukuk for financing the project of M-5 motorway, someone suggested the Finance Minister to use Salam as a mode of Finance in Sukuk.
- List down the conditions of Salam.
- Can Salam be used for issuance of Sukuk?
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