Banking or banking action that is consistent with main beliefs of Shariah and its realistic application from beginning to end improvement of Islamic economics is
A) islamic banking
B) development bank
C) conventional banking
D) b& c
Correct Answer:
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Q5: Who bears the loss in wakalah
A)principal
B)wakeel
C)both together
D)none
Q6: Securitization possible in
A)murabaha
B)ijara
C)both a and b
D)none of
Q7: Islamic bank rely on the following two
Q8: Expression Finance Certificates & Certificate of Investment
Q9: What is asset side financing out of
Q11: A bank is considered as a custodian
Q12: The appointment of shari ah scholar is
Q13: Earliest Islamic bank was established in Malaysia
Q14: A type of partnership where one party
Q15: Shirkat-ul-wujooh has its origin in Arabic word
A)wajahat
B)wajahee
C)waujooh
D)wajhee
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