Read each statement carefully and determine whether the statement is true or false. 1. When commercial banks issue bonds, these financial intermediaries involve directly in the financial market.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter19: Financing International Trade
Section: Chapter Questions
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Read each statement carefully and determine whether the statement is true or false. 1. When commercial banks issue bonds, these financial intermediaries involve directly in the financial market. 2. Muscat Securities Market is the only Exchange Market in Oman. 3. The central bank regulates the fiscal system and not the monetary and the financial system of a country. 4. The depositors of Islamic commercial bank always play their roles as the lenders to the bank. 5. The restricted account holders of Islamic bank are normally provided to the net worth individuals. 6. Under the mudarabah account, the depositors will always be guaranteed to get back their deposits. 7. Current, saving and investment accounts are designed to fulfil the motives of holding money. 8. The difference between hibah and interest (riba) is the former is determined ex-ante and the latter is ex-post. 9. Statutory reserve requirement is part of regulatory costs for Islamic deposit. 10. Islamic bank can offer the sale of foreign currency through murabahah financing.
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