Discuss how an Islamic unit trust is essentially different from a conventional unit trust.                                                                                                                                                       

Briefly explain the five (5) aspects that an Islamic unit trust fund managers need to address to ensure the Shariah-compliant status of their Islamic unit trust fund.

  Briefly discuss the debate surrounding the validity of short-selling and the decision of the Shariah Advisory Council (SAC) of Securities Commission (SC) to allow short-selling in Malaysia.

                   

                                                                                                                                            

Answer rating: 100% (QA)

Islamic unit trusts also known as Islamic mutual funds differ significantly from conventional unit trusts or mutual funds due to their adherence to Shariah principles Here are the key differences Inve... View the full answer