Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 6. the main critic is that islamic banks in muraba

6. The main critic is that Islamic banks in Murabaha financing earn a predetermined profil...

70.2K

Verified Solution

Question

Accounting

image
image
image
6. The main critic is that Islamic banks in Murabaha financing earn a predetermined profil without bearing a market risk (1 Point) True False 7. The seller (the bank) does not buy and stock goods, but rather waits for buyers to 'ordet hnto buy goods and then sells them these goods. This is called: (1 Point) Oljara financing O Murabaha to the purchase-orderer. O Salam financing Mudarba financing 9. Which of the following statements is NOT correct regarding the valid sale transactions (1 Point) The Profits shared between parties involved could be specified in the contra as a lump sum, and not as a percentage. The subject of sales must be in a physical or constructive possession of the seller when he sellest to another person. The subject of sale must be owned by the seller at the time of sales. The subject of sale must exist at the time of sale. 8. ........... is a general kind of sale in which the price of the commodity to be traded is stipulated between the seller and the buyer without any reference to the price paid or cost incurred by the seller: (1 Point) Musharaka. O Quard Al-Hasan. Mudaraba. O Musawama

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students