(a) Explain THREE (3) characteristics of Shariah compliant banking and financial system. (6 marks) (b) Explain sources...
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(a) Explain THREE (3) characteristics of Shariah compliant banking and financial system. (6 marks)
(b) Explain sources of fund and uses of fund of Islamic banking and finance. (6 marks)
(c) List FOUR (4) components of income statement of the Islamic bank. (4 marks)
(d) Briefly describe TWO (2) functions of the commercial bank. (4 marks)
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Answer a Three characteristics of Shariah compliant banking and financial system are 1 Prohibition of Riba interest Shariah compliant banking prohibit... View the full answer
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