QUESTION ONE 118) ‘The Rothschild family has been referred to as the the world’s bankers.” In light of the above statement justify whether you agree with this statement and elaborate on the context of the expansion of banking in the 17th—19th centuries. QUESTION TWO. BBs] In the illustration below, mention is made that the all the World Religions denounce the charging of Usury or interest. In the context of this statement answer the following questions: 2.1 Elaborate on the differences between the prohibition of charging of interest in Islam in ‘comparison to Judaism and Christianity. (10) 2.2 Examine two (2) types of interest that Islam condemns and discuss by giving examples of ‘each of these two types of interest in order to highlight ther differences. (10) 2.3 Elaborate on the problems that usuryfinterest pose in society. 1s) reer ‘QUESTION THREE 5) ‘Compare and contrast between an interest-based conventional banking a Riba-Free (Islamic) Banking ‘QUESTION FOUR es} Delayed payment h surplus“The above illustration depicts how the Murabahab transaction operates. Write an essay in which you (a) assess all the relevant steps involved inthis transaction and (b) determine the concerns that are ralsed with the cost-plus (Murabahah) transaction END OF QUESTION PAPER,