QUESTION $1(25$ MARKS$)$

$($a$)$

Differentiate between the FIVE $(5)$ concepts of Islamic and conventional banking.

$(15$ marks$)$

$($b$)$

Explain FIVE $(5)$ advantages of Islamic Banking.

$(10$ marks$)$

QUESTION $2(25$ MARKS$)$

$($a$)$

Distinguish between the FOUR $(4)$ main sources of Islamic Law that shape the practice of Islamic Banking today.

$(16$ marks$)$

$($b$)$

Explain THREE $(3)$ main components of Islam.

$(9$ marks$)$

QUESTION $3(25$ MARKS$)$

Analyze any FIVE $(5)$ characteristics and principles of Islamic Economic System in Malaysia.

$(25$ marks$)$

QUESTION $4(25$ MARKS$)$

$($a$)$

Explain the FOUR $(4)$ key variables that influence the profit equation of an Islamic banking.

$(16$ marks$)$

$($b$)$

Explain THREE $(3)$ types of Islamic deposit accounts.

$(9$ marks$)$