Restricted investment accounts are account portfolios where the account holders fully authorize the Islamic bank to invest their funds in profitable business ventures.
Correct Answer:
Verified
Q23: The relationship between the IIFS and Investment
Q24: The new IFSB guiding principles were meant
Q25: According to IFSB-1, market risk is defined
Q26: Once Islamic banks and financial institutions decide
Q27: The due diligence process must follow the
Q29: The adaptation of industry standards from whatever
Q30: One of the IFSB guiding principles for
Q31: The creditworthiness of the counterparties as well
Q32: While crafting its guidelines, IFSB considered every
Q33: Each Islamic financial instrument must have its
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents