After giving the Mudaribs share, a specific proportion of distributable profits is allocated to which reserve: a.

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After giving the Mudarib’s share, a specific proportion of distributable profits is allocated to which reserve:

a. Profit equalisation reserve (PER)

b. Investment risk reserve (IRR)

c. Both a and b

d. None of the above

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Related Book For answer-question

Financial Reporting For Islamic Financial Institutions Accounting Standards Interpretation And Application

ISBN: 9781032464022

1st Edition

Authors: Abdul Rauf Mahar, Ayesha Bhatti, Muhammad Junaid Ashraf, Asfand Zubair Malik

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Question Posted: Mar 11, 2024 03:31 AM

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After giving the Mudaribs share, a specific proportion of distributable profits is allocated to which reserve: a.

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Financial Reporting For Islamic Financial Institutions Accounting Standards Interpretation And Application

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