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Which one of the following countries does not require Islamic financial institutions in their respective jurisdictions to abide by the AAOIFI reporting standards? a. Bahrain

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Which one of the following countries does not require Islamic financial institutions in their respective jurisdictions to abide by the AAOIFI reporting standards? a. Bahrain b. Jordan c. Kuwait d. Sudan Equity investment account is a. a mudharabah partnership between investors and Islamic banks b. limited to no more than two partners c. an investment partnership with losses born by mudarib d. a partnership that requires all partners to contribute capital into the business The main channel(s) for the outflow of the funds of Islamic banks include: a. musharakah, murabahah and murabahah b. bay salam and bay mu'ajal modeis c. all of the them d. ijarah and istisna The lessee pays at the end of each ljarah tenure a. Principal b. A combination of the principal and the profit c. A combination of the principal and the WDV (written down value) d. Profit

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