The following statements are true about Islamic banking EXCEPT,     A ) It does not aim to maximize profit.     B ) It practices sharing the profit, loss and risk between the capital provider and the        entrepreneur.     C ) Shariah's ruling is the guideline in the Islamic banking functions and operations.     D ) Interest rate is avoided in Islamic banking's operation.

Q: Which of the following is true? Bitcoin is backed by gold and governments, and seemingly appeared…

A: Bitcoin is backed by gold and governments, and seemingly appeared "out of thin air" as the result of…

Q: The current Islamic banking and finance that has been around since the 1980s, while giving some…

A: Current Islamic banking and finance has been around since 1980's and it is the result of facing an…

Q: Sir John Paget defined ‘customer’ of bank as:   a. "To constitute a customer there must be some…

A: Customer of a bank is the one who has an account in the bank where he/she can deposit or withdraw…

Q: 1 What shape of long-run average cost curve appears to be appropriate for the commercial banking…

A: 1) According to the traditional cost theory , the Long run average cost curve is U Shaped showing…

Q: Bond rating agencies like Moody's and Fitch specialize in: O A assessing the credit and default risk…

A: Introduction Bond rating agencies helps us to understand the risk of investment in bonds. Correct…

Q: It is a form of guarantee given by a reputable bank. If the borrower defaults in paying, the…

A: A bank is a financial institution that is licenced to accept deposits and provide loans. Retail…

Q: The following are the advantages of financial intermediaries, except:  A. Provide guaranteed returns…

A: Financial Intermediaries:- Financial intermediaries function as go-betweens for financial…

Q: A proprietorship or partnership can raise funds for expansion in all of the following ways except…

A: Partnership cannot do expansion by borrowing from someone or an institution willing to lend funds.

Q: As a result of financial innovation, which of the following is TRUE? I. Variable interest rate…

A: Answer-

Q: Self-Service Technologies (SSTs) have led to a reduction of and in some instances a complete…

A: The study concentrates on reliable and applicable ways to manage SST which means self service…

Q: Explain the principal problem involved in using a dividend valuation model to value companies that…

A: Dividend valuation method is a method of valuation of the company using the company shares and…

Q: An offshore center is a country which offers to the residents and non-residents of other countries…

A: The economic services that are being provided by the industry of finance that in turn encompasses a…

Q: loans e) The bank also has a stated policy of not allowing the overall ratio of bad debts on all…

A: The correct answer is given in the second step.

Q: sub-questions d-f please! 5. Consider the set-up in the lecture slides on credit: There are two…

A: a) There are two states g and b. In state g, S will get a return of 1.4 and R will get 1+d with some…

Q: The most important developments that have reduced banks' cost advantages in the past twenty years…

A: BANKS Banks are the Financial institution which is legally licensed to receive deposits and provide…

Q: Explain the impact and likelihood of information technology services at a college under the…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: Banks can lower the cost of information production by applying one information resource to many…

A: The expense of funds is a reference to the loan fee paid by monetary organizations for the assets…

Q: There are various theoretical reasons why economies of scale should occur in the banking industry:…

A: LONG RUN AVERAGE COST CURVE As the productivity increases in the banking sector, the cost decreases…

Q: What shape of long-run average cost curve appears to be appropriate for the commercial banking…

A: Economies of scale: It refers to the cost savings earned by a company when it expands its scale of…

Q: Which of the following statement is not true: Select one: а. Interest rate risks are caused by the…

A: Hedging can be understood as a risk management strategy in order to offset losses by taking the…

Q: 6. Mutual funds are primarily held by   Question 6 options:   a)  financial institutions.   b)…

A: Mutual funds raise money by selling shares to investors. It pools the savings of different…

Q: The following are correct descriptions about Financial Instruments used in Financial Markets,…

A: A financial instrument is a phrase used by accountants to describe cash, equity investments, and any…

Q: The objective of bank management is to   a. refuse to make risky loans and make loans only to the…

A: Banking includes the activities performed by the financial institutions serves as an intermediary…

Q: There are various theoretical reasons why economies of scale should occur in the banking industry:…

A: The bank that has an asset size between 2.5 billion and 120 billion earns the economies of scale and…

Q: Savings by a land owner for future use of his property in General Trias Cavite to Cavite Savings…

A: In an economy, there are different types of financial institutions that make economic activities.…

Q: A commercial bank is defined as a financial institution which performs the functions of accepting…

A: The circular flow of pay or roundabout stream is a model of the economy where the significant trades…

Q: lling MOST of the financial funds in USA. The following are true general statements about Financial…

A: Hey, Thank you for the question. According to our policy we can only answer the first question per…

Q: There are various theoretical reasons why economies of scale should occur in the banking industry:…

A: According to the empirical evidence and given information, the economies of scale which reduce the…

Q: Which of the following is one of the uses of financial instruments? means of payment store of…

A: Financial instruments are defined as monetary assets which can be purchased, created and traded.…

Q: Savings Institutions? * a. They bridge the gap between the providers of funds and the demander of…

A: Answer in step 2

Q: Market efficiency primarily concerned with how well the financial market reflects all the available…

A: A financial market is a marketplace where people can trade financial assets for a low transaction…

Q: Why is there a need for companies like Standard and Poor’s and Moody’s to provide ratings (i.e. AAA,…

A: Adverse selection: - Adverse selection is a problem that arises because of the difference in the…

Q: Which of the following can be described as direct finance? A) You borrow $2,500 from a friend. B)…

A: Answer:     Yes, no A is correct. you borrow $2,500 from a friend.

Q: There are various theoretical reasons why economies of scale should occur in the banking industry:…

A: The LAC curve flattens at higher levels of output because as the output increases the cost of per…

Q: Which of the following would be considered as example of indirect finance? A. Abita borrowed $10,000…

A: The indirect financing is financing where borrowers borrow money not directly from investors but…

Q: There are various theoretical reasons why economies of scale should occur in the banking industry: 1…

A: Part 1: Note: As we answer 3 questions if no particular question number is mentioned, so we would be…

Q: You are the Chairman of the Board of Resilient National Bank. Your job is to conduct a critical…

A: Low interest rates, regulation, and the bank's business strategy are all factors to consider.…

Q: A well-known bank has specialized in adjustable-rate mortgages. They have originated 7 billion USD…

A: Interest rate: It refers to the rate that has been provided by banks when they lend money, The…

Q: In many situations, financial innovations are viewed as innovative variations on existing…

A: the term financial innovation means new ways or innovative financial methodologies. This innovative…

Q: 1) What factors might cause the LAC curve to flatten out at high levels of output?

A: Economies of scale refer to the reduction in the average cost of production over time upto the…

Q: Which of the following statements is/are true? i. Borrowing from financial intermediaries is a very…

A: iii)  Answer; True The most preferred way for the company to raise the funds is by issuing stocks in…

Q: Which of the below statements DOES NOT FIT IN with "Financial Markets,"  Group of answer choices…

A: Here all the statement highlighting bad decision making are similar statements. The given…

Q: Which of the following represent diversifiable risks? 1. the president of a company suddenly resigns…

A:

Q: explain the role of secondary data in gaining customer insights

A: The data are always useful in predicting the economic situation and for making assumption regarding…

Q: “In view of the increase in complexity of banking activities, emergence of new risk factors and…

A: To maintain a stable financial system, sound and safe financial framework is to be set up with…

Q: First National Bank   Assets Liabilities Rate-sensitive $40 million $50 million Fixed-rate…

A: Interest sensitive liabilities are short-term deposits with variable interest rates that a bank…

Q: Which act of legislation was passed to encourage ethical corporate behavior? Choose one answer.…

A: Ethical behavior of an entity includes integrity, fairness, honesty, as well as other positive…

Q: One of the financial sectors central purposes is to take ____________ and turn them into __________.…

A: Financial sector is the sector of economy which includes firms and institutions that provide…

Q: There are various theoretical reasons why economies of scale should occur in the banking industry:…

A: ECONOMIES OF SCALE can be defined as, It means the average cost of the output will go down as the…

Q: First National Bank ​ Assets Liabilities Rate-sensitive $40 million $50 million Fixed-rate $60…

A: given that,  First National Bank ​ Assets Liabilities Rate-sensitive $40 million $50 million…