Subject: Islamic banking & applied finanace Describe the execution of ‘Diminishing Musharka’ in Islamic banks. Also discuss thebasic rules of this product.
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Subject: Islamic banking & applied finanace
Describe the execution of ‘Diminishing Musharka’ in Islamic banks. Also discuss thebasic rules of this product.
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Solved in 3 steps
- (a) Briefly explain the functions of:(i) Islamic banks in Islamic Financial System.4. Explain the practical aspects of Mudarba in Islamic Banks on Deposit and Investment?Explain the application of The accounting unit concept The going concern concept The periodicity concept The stability of the monetary unit concept As applicable to the Islamic banks from a Shariah point of view.
- Discuss the Basel disintermediated bank scenario and its impact on incumbent banks’ present business models. Further, identify the areas of existing product and funding risks associated with the disintermediated bank scenario.Question: How come the Operation of islamic banking be run under the umbrella of state bank of pakistan Answer this ArgumentSubject: Islamic banking & applied finanace Q): What are the difference between in Islamic banking & conventional banking?
- Commercial guarantee (Kafalah) is matter of discussion among Shariah scholars with respect to its various peculiarities. In contextof Kafalah, you are required to attempt following: Evaluate whether Islamic bank can charge fee on extending commercial guarantee.?Justify how Riba-al-Quran exists in today’s banking system.Can sharia board play a role in the development of Islamic bank instruments?