Question: Question No.3 A) Explain the process of Modarba transaction practiced in Islamic bank on deposit side. B) Modaraba is the most commonly used mode of

Question No.3

A) Explain the process of Modarba transaction practiced in Islamic bank on deposit side.

B) Modaraba is the most commonly used mode of Islamic Finance.

  1. Write down the basic rules of Modaraba transaction. Also explain physical and constructive possession.
  2. Why Modaraba is called border line transaction?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!