these questions please

2. Answer shortly to the following questions: (3*2=6) What is the main reason for minimum chances of bankruptcies in the Islamic banking system as compared to conventional banking system? . It is a common believe that returns in Mudarabah and Musharakah system are inflation proof as compared to interest based system. Justify. ............ 3. How would you differenciate Bai Murabaha from interest based loans? Explain following issues regarding banking Murabaha: (4+2+2+2) i) Charging higher price because of deferred payment ii Penalty of default Use of interest rate as a bench mark ............. 4. Define Ijarah. What are the major differences between an Islamic Ijarah product and a conventional leasing product? (6) ................. .................... 5. In Islamic financial system "a commodity cannot be sold before it came into existence". Then how would you rationalize the permissiblety of Salam in Islamic financial system? (4) ....................- 6. What is the profit margin of the bank in the transactions of following products: Murabah, Salam, Istisna, Ijarah (4*2=8)