1. a. Define a Financial System.

Distinguish between Direct finance and

indirect finance. Give example. Describe the features of
Conventional Financial system. How is an Islamic system different
with that?
b. Why does Islam Permits trade and prohibits interest(Excange of more money
against less money? Discuss.
2. a. Distinguish between a financial market and a financial
intermediary. Discuss the advantages and disadvantages of financial
intermediary. What is Islamic view towards financial intermediary?
Discuss.
b. Distinguish between money market and capital market. What are the constituent of
money and capital market? Discuss.
3. Write short notes on
i) SSU and DSU
ii) Mudarabah bond
iii) Treasury Bill vs. Treasury Notes
iv) Commercial paper v) Cmulative vs. Non-cumulative preference share

iii) Transaction demand vs. precautionary demand for money vii)

Junk
Bond
viii) Convertible bond
a. Discuss the essential features and functions of money.
4. Define money. Distinguish between conventional and Islamic
concept of money.
5. Distinguish between money market and capital market. Describe the
constituents of Capital market in the context of Bangladesh.

6. a. Distinguish between a mudaraba company and an Islamic bank.

How does an Islamic bank convert the financing mode of a
conventional bank to trading mode. Give example..
7. Do you find any difference between the distribution system under
Capitalism and Socialism? How can you say that Islamic distribution
system is superior to both Capitalism and socialism?
1. How does Communism differ with Capitalism in terms of rewarding
factors of production? How does Islam look at factor market? How
do you evaluate the position of Islam in this regard?
b. Define money. Distinguish between conventional and Islamic concept of money.
8. a. Distinguish between Islamic and conventional view on money.