Q. Must be sound & mature and be competent of entering into an agreement is

View solution

Q. Not essentially be in liquid form is ruling of

View solution

Q. An investor and his customer contribute either in shared possession of an assets or equipment, or in a combined commercial venture is

View solution

Q. Adjustments were furthermore made in Banking Companies Ordinance

View solution

Q. Profit is based on accord of parties, but loss is all time issue to proportion of

View solution

Q. A joint project or partnership formation with profit/loss contribution implications that is used in Islamic finance as an alternative of interest-bearing loans is

View solution

Q. First Islamic bank was recognized in

View solution

Q. Phrase that is not related to books of Fiqh is

View solution

Q. Combination of capital is not compulsory is

View solution

Q. A coupon given willingly by a debtor in return for a credit is

View solution

Q. Islamic Shariah forbids

View solution

Q. Losses are shared by each partner in ratio to their

View solution

Q. A key concern for Muslims states and recently Islamic banks are

View solution

Q. Prevention of a risk free return and authorization of trading, as enshrined in Verse

View solution

Q. Musharika permits every party involved in a trade to distribute in profits and

View solution

Q. Literally it means a trade on mutually settled profit is

View solution

Q. deal is considered Salam if buyer has compensated purchase price to seller in

View solution

Q. An Ordinance was propagates to permit establishment of

View solution

Q. Mainly ideal financing arrangement and holding higher command Shariah compliance is

View solution

Q. Quran forbids

View solution