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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

  1. The _________ is a means where banks with surplus funds can invest in Islamic Banks (IBs) through the Islamic Inter-bank Money Market (IIMM).

  1. Qard al Hassan
  2. Ijarah Interbank Investment
  3. Murabaha Interbank Investment
  4. Mudharaba Interbank Investment

  1. 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 _________________.

  1. Government Investment Certificate
  2. Government Investment Issue
  3. Malaysia Government Securities
  4. Malaysia Government Notes

  1. The main difference between Sukuk and conventional bonds is:

  1. Investors of sukuk do not get coupon interest and instead get profit or rent depending on the underlying contract.
  2. Sukuk is based on underlying Islamic nominate contracts that are available in Islamic commercial jurisprudence
  3. Sukuk is always has an underlying asset, whether asset backed or asset based
  4. All of the available answers are correct differences of Sukuk and bonds

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