Which of the following countries/cities has never used Currency Board System? 1) Australia 2) Argentina 3) Hong Kong 4) Ireland Which of the following statements is true? 1) A sukuk bond is a debt obligation 2) A sukuk bond provides ownership to assets being funded and cash flows 3) A sukuk bond does not provide ownership to assets being funded 4) A sukuk bond is similar to that of a conventional bond Which of the following features does not belong to International Financial Markets? 1) Operate on narrow margins 2) Largely regulated 3) No specific physical location 4) Higher political risk What would be the possible profit under the following case: LIBOR for 6 months in USD is 1\%; Islamic interbank benchmark rate in USD for 6 months is 1.5%; Cost of Arbitrage is 0.01%. Assuming you have $2,000,000 USD, how much profit can you make via this arbitrage opportunity? 1) Unable to determine 2) $9,800 USD 3) Similar to a put option, the profit potential is infinite 4) $4,600 USD