Which of the following statements is true?
A) In a Mudarabah contract the depositor's liability is essentially shared between the depositor and the entrepreneur.
B) In a Mudarabah contract the depositor manages the asset in partnership with the entrepreneur.
C) In a Mudarabah contract the capital provider bears all the losses except in the case of misconduct or negligence.
D) In a Musharakah contract the depositor provides all the capital with none being provided by the entrepreneur.
Correct Answer:
Verified
Q1: Which of the following describes a feature
Q2: Uncertainty in a transaction is known as:
A)Gharar.
B)Haram.
C)Riba.
D)Takaful.
Q4: Mudarabah accounts are:
A)A profit sharing contract where
Q5: Since the 1970's the Islamic banking industry
Q6: In 2010 global assets held under Islamic
Q7: Usury,or the charging of interest is prohibited
Q8: A Mudarabah contract differs from a Musharakah
Q9: Current account holders with an Islamic bank
Q10: Which of the following statements is not
Q11: Islamic financial companies are reluctant to invest
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