MULTIPLE CHOICE

Q1: which is not true for Murabaha

a.

A deferred credit sale.

b.

The Rab ul Mall acts as a middle man.

c.

A sale with a mutually agreed profit for the Rab ul Mall.

Q2: Financial losses in Mudarabah are always:

a.

Paid by the Investor.

b.

Paid by the Mudarib.

c.

In preaged ratio.

Q3: The difference between Musharaka and Mudaraba is:

a.

In Mudaraba any losses are suffered by the Mudarib alone.

b.

Investment in Mudaraba comes from both patners.

c.

In Musharaka all the partners share the loss in proportion to the ratio of their investment.

Q4:In Musharaka Losses are shared according to:

a.

50:50.

b.

According to a fixed amount.

c.

The proportion of the amount invested.

Q5: Under Tier 2 Mudaraba: The Mudarib contributes only managment.

a.

TRUE

b.

false

Solve:

Q7: Mohamed wants to finance a car, Suppose the cost price (CP) = 10,000BD, if the bank sets 15% as the profit margin rate and the financing period is 120 days years.

Calculate the Murabaha price:

Q8: In A Mudaraba contract, IFI contributed BD 150,000 to establish a company with Mr. Mohammed, the profit-sharing ratio was 60:40 Evaluate the two cases

1. If after the first year the Mudaraba generate a profit of BD 80,000, what's Mr. Mohamed share on profit out of this Mudaraba

Q9: An IFIand B partner contributed BD.100,500 and BD.49,500 respectively to form a Musharakah partnership and agreed on 70:30 profit sharing ratio.

At the end of the 1st year, the project generates 25% profit. calculate how much IFI share on profit