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  • Final Exam IBF - Mon0630 - Main

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    sandeep kumar
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    1. The document provides instructions for a final exam on Islamic banking and finance. It lists the submission details, including the due date of May 30th and maximum marks of 40. 2. Students are instructed to answer all questions directly on the blackboard or by uploading a word file before the due date. Files must include the student's name and registration ID. 3. The five exam questions cover: 1) Diminishing Musharka contracts in Islamic banks, 2) Murabaha financing steps in Islamic banks, 3) differences between commutative and non-commutative contracts and insurance, 4) Mudarba deposit and investment aspects, and 5) opinions on Islamic banking models and account preferences.

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    Final Exam IBF_Mon0630_Main (1)

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    1. The document provides instructions for a final exam on Islamic banking and finance. It lists the submission details, including the due date of May 30th and maximum marks of 40. 2. Students are instructed to answer all questions directly on the blackboard or by uploading a word file before the due date. Files must include the student's name and registration ID. 3. The five exam questions cover: 1) Diminishing Musharka contracts in Islamic banks, 2) Murabaha financing steps in Islamic banks, 3) differences between commutative and non-commutative contracts and insurance, 4) Mudarba deposit and investment aspects, and 5) opinions on Islamic banking models and account preferences.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    53 views2 pages

    Final Exam IBF - Mon0630 - Main

    Uploaded by

    sandeep kumar
    1. The document provides instructions for a final exam on Islamic banking and finance. It lists the submission details, including the due date of May 30th and maximum marks of 40. 2. Students are instructed to answer all questions directly on the blackboard or by uploading a word file before the due date. Files must include the student's name and registration ID. 3. The five exam questions cover: 1) Diminishing Musharka contracts in Islamic banks, 2) Murabaha financing steps in Islamic banks, 3) differences between commutative and non-commutative contracts and insurance, 4) Mudarba deposit and investment aspects, and 5) opinions on Islamic banking models and account preferences.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Final Exam Spring-2021

    Department of Business Administration

    Subject: Islamic Banking and Finance Submission Day: Sunday


    Instructor: Dr. Ameenullah Aman / Muhammad Rizwanullah Submission Date: 30th May
    Program: BBA (H) Max. Marks: 40

    Please follow the instructions carefully:

    1. Write your answers directly on the Black Board (recommended) or upload word file
    before the due date on Blackboard.
    2. Write your name and registration ID on the first page of your Word file.
    3. Answer scripts can only be uploaded on Blackboard only during the submission time.
    4. To avoid any unforeseen problems, you are advised to follow the Guide lines
    communicated by the Faculty Members.
    5. Submission of answer copy(ies) will be considered acceptable through Blackboard only.
    Therefore, do not submit your document through email or any other medium.
    6. Use 12 pt. font size and Times New Roman font style along with 1-inch page margins.
    7. Follow the requirements of the word limit and the marking criteria while writing your
    answers.
    8. Provide relevant, original and conceptual answers, as this exam aims to test your ability to
    examine, explain, modify or develop concepts discussed in class.
    9. Do not copy answers from the internet or other sources. The plagiarism of your answers
    may be checked through Turnitin.
    10. Double check your word file before uploading it on BlackBoard to ensure that you have
    uploaded the correct file with your answers.
    All questions to be answered.

    Question No 1 40 Marks
    Answer the following questions with examples:

    1. Describe the execution of ‘Diminishing Musharka’ in Islamic banks. Also discuss the basic
    rules of this product.
    2. How Islamic Banks use Murabaha for financing? Write down the steps to be followed to
    make the contract Sharia compliant.
    3. Explain the difference between commutative contract and non-commutative contract. Why
    Insurance is Non-Sharia compliant?
    4. Explain the practical aspects of Mudarba in Islamic Banks on Deposit and Investment
    5. Are you satisfied with Islamic Banking model? If you have to open an account in any bank,
    which type of bank will you prefer? Islamic or conventional? Will you recommend
    Islamic banking to your friends and family? If yes, why? If no, why not?

    All the best.

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