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The _________ is a means where banks with surplus funds can invest in Islamic Banks (IBs) through the Islamic Inter-bank Money Market (IIMM). Qard al
- The _________ is a means where banks with surplus funds can invest in Islamic Banks (IBs) through the Islamic Inter-bank Money Market (IIMM).
- Qard al Hassan
- Ijarah Interbank Investment
- Murabaha Interbank Investment
- Mudharaba Interbank Investment
- The marketable government debt securities issued by the Government of Malaysia to raise funds from the domestic capital market to finance the Government's development expenditure is known as _________________.
- Government Investment Certificate
- Government Investment Issue
- Malaysia Government Securities
- Malaysia Government Notes
- The main difference between Sukuk and conventional bonds is:
- Investors of sukuk do not get coupon interest and instead get profit or rent depending on the underlying contract.
- Sukuk is based on underlying Islamic nominate contracts that are available in Islamic commercial jurisprudence
- Sukuk is always has an underlying asset, whether asset backed or asset based
- All of the available answers are correct differences of Sukuk and bonds
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