Question: please answer this question correctly and explain more QUESTION ONE (20 MARKS) Explain THREE (3) characteristics of Shariah compliant banking and financial system. (6 marks)

please answer this question correctly and explain more QUESTION ONE (20

please answer this question correctly and explain more

QUESTION ONE (20 MARKS) Explain THREE (3) characteristics of Shariah compliant banking and financial system. (6 marks) (a) (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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