Which of the followings is not a function of Islamic microfinance?
A) accepting deposits
B) managing savings and current accounts for their customers
C) extending credit facilities for large enterprises
D) engaging in partnership financing
Correct Answer:
Verified
Q98: Differences between Islamic MFIs and conventional MFIs
Q99: The two types of Mudarabah contractual arrangements
Q100: _ is more appropriate for micro-farming.
A) profit-sharing
Q101: Name the debt and equity modes of
Q102: Similarities between banks and MFIs in the
Q104: Differentiate between microfinance and micro-credit.
Q105: Describe how both conventional and Islamic MFIs
Q106: Which of the following statements regarding the
Q107: Why it is often difficult for micro-entrepreneurs
Q108: Identify major differences between banks and MFIs
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