You have studied the application of partnership, sale and purchase, and rental based Islamic financial products in Islamic banks. In contrast, you have also studied the functioning of conventional banks. Your task is to give your personal reflection on: Is Islamic banking really different? Which banking side is good for our economy? Why?

You have studied the application of partnership, sale and purchase, and rental based Islamic financial products in Islamic banks. In contrast, you have also studied the functioning of conventional banks. Your task is to give your personal reflection on: Is Islamic banking really different? Which banking side is good for our economy? Why?

Contemporary Auditing

11th Edition

ISBN:9781337650380

Author:KNAPP

Publisher:KNAPP

Chapter8: International Cases

Section8.5: Shari’a

Problem 4Q

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You have studied the application of partnership, sale and purchase, and rental based Islamic financial products in Islamic banks. In contrast, you have also studied the functioning of conventional banks. Your task is to give your personal reflection on: i. Is Islamic banking really different?ii. Which banking side is good for our economy? Why?
Question No 01You have studied the application of partnership, sale and purchase, and rental based Islamic financial products in Islamic banks. In contrast, you have also studied the functioning of conventional banks. Your task is to give your personal reflection on: Is Islamic banking really different?Which banking side is good for our economy? Why? Question No 02What is a difference between “Musharaka and Mudaraba”?What are the common basic rules between them to be followed?What are the uncommon rules between them? Question No 03If you go to an Islamic bank and ask for financing for following purposes, which financial product Islamic bank will most likely to use and why? 10 years financing to start a new project5 years financing to construct a house on your land3 years financing for a heavy duty generator6 months financing for IPhone 12
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Question No 01 You have studied the application of partnership, sale and purchase, and rental based Islamic financial products in Islamic banks. In contrast, you have also studied the functioning of conventional banks. Your task is to give your personal reflection on: Is Islamic banking really different? Which banking side is good for our economy? Why?
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Question No 01 You have studied the application of partnership, sale and purchase, and rental based Islamic financial products in Islamic banks. In contrast, you have also studied the functioning of conventional banks. Your task is to give your personal reflection on: i. Is Islamic banking really different? ii. Which banking side is good for our economy? Why?
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