Which of the following describes a feature that applies to a Musharakah contract?
A) There is no guarantee of the capital.
B) The capital providers are involved in business decision making
C) The profit shared is limited to an agreed ratio.
D) For the capital provider the losses are unlimited.
Correct Answer:
Verified
Q2: Uncertainty in a transaction is known as:
A)Gharar.
B)Haram.
C)Riba.
D)Takaful.
Q3: Which of the following statements is true?
A)In
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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