right d, all the a 7. Compared to conventional bonds, sukuk investments credit risk. a. much b, are not subject to c are also to None of the above 8. In most of sukuk issuances, credit risk istypically lowered through a. the commitment of the originator to honor the debt obligation b. a third party guarantee c convertibi of sukuk into common equity shares All the above 9. In sukuk al-ijara, ownership of assets used to back these certificates: X is held by the rent company is held by the SPV nt bank None of the above 10 The corporation is usually called "Obligor" because b. It is obligated to support the SPV financially It is obligated to provide Lis obligated to pay the Purchase Price on he maturity date of the sukuk certificates All the above 11. Islamic banks can be distinguished from conventional banks because they have: a, a Shari'a board b. a different approach of asset-liability management c. more incentives to better monitor their partners All the above True or False Questions a2 According the rules of Islamic shari'a, Sukuk holders are eligible to suffer losses on their capital investment (in sukuk) ET 13 One of the major advantages of Islamic investment funds is that they guarantee the principal to the investors. 14. Stock shares are considered a halal investment provided that the companies' business activities are halal