Question: asap thank you (13 marks) Question 2 a. An important Islamic Shariah maxim stated that revenue is entitled on corresponding liability for bearing losses (Al-Kharaj

asap thank you (13 marks) Question 2 a. An important Islamic

asap thank you

(13 marks) Question 2 a. An important Islamic Shariah maxim stated that revenue is entitled on corresponding liability for bearing losses (Al-Kharaj bid Daman). Discuss THREE (3) reasons why Islam prohibits Riba in the matter of risk and return. (9 marks) b. Beside Riba, Maisir and Gharar, discuss FOUR (4) other prohibited transactions in Islamic finance. Give specific example for each prohibited transaction. (16 marks)

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