Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question

Answer to following multiple choice questions? 

6. Murabaha is a ___________ based contract.

 

a.

Agency
 

b.

Partnership
 

c.

Rental

d. Sale

 

7. Which of the following is not a correct statement about the lease rentals?

 

a.

It should be fixed for the entire lease period
 

b.

Fixing is not allowed in any case ()
 

c.

It can be tied up to a known benchmark acceptable to both the parties
 

d.

It can be fixed on periodic basis but periodic increment should be agreed upon

 

8.

Two or more persons are the joint owners of an asset and they have no intention of the business based on this partnership. This type of shirkat is called

 

a.

Shirkat-ul-Mufawada
 

b.

Shirkat-ul-Amwal
 

c.

Shirkat-ul-Aamal
 

d.

Shirkat-ul-Inan
 

e.

Shirkat-ul-Wujooh
 

f.

Shirkat-ul-Milk

 

9.

When is the title of the asset transferred in Ijarah (Al-Muntahiyah Bit Tamleek) to the client?

 

a.

At the end of lease if client purchases and bank sells the asset to client
 

b.

At the end of the lease automatically ()
 

c.

At the start of lease

d. Does not transfer

 

10. In participation/partnership based contracts, ______ is always subject to the ratio of investment while _________ distribution is based on pre-agreed ratio.

 

a.

Profit, Profit
 

b.

Loss, Profit
 

c.

Profit, Loss
 

d.

Loss, Loss
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