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refers to partnership with commercial objective. a. Both of the above Ob. Shirkah al-Aqad . Shirkah al-Milk A valid Musharakah capital must be only in

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refers to partnership with commercial objective. a. Both of the above Ob. Shirkah al-Aqad . Shirkah al-Milk A valid Musharakah capital must be only in the form of monetary asset such as cash Select one: True O False Managing partners may waive their voting rights relating to the management of Musharakah and this shall be specified in the contract Select one: True O False The origin of Musharakah is Shirkah which connotes engagement of two or more parties who have a common interest to form a partnership Select one: True O False Mudharabah Perpetual Sukuk is an increasingly popular financial instrument across the world Select one: True O False incurs when a capital asset (investment or real estate) decreases in value. O a. None of the above Ob. Third part loss OC. Capital loss are best described as markets where financial instruments are bought and sold or where deficit units issue financial instruments to attract capital from surplus units . Global markets O b. Capital markets . Stock markets A sukuk is an Islamic financial certificate, similar to a ------ ------- in Western finance that complies with Islamic religious law commonly known as Sharia: O a share Ob bond stock It is not permissible to express profit in a Musharakah, in a form of percentage of capital only, that means a payment of fixed profit regardless of the actual profit realized Select one: O True O False Which of below is Non-remunerative financial activities a Gift ob. Ijarah OC Partnership

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