Read each statement carefully and determine whether the statement is true or false. Please fill in the answers in the table given below by writing "True" or "False" in the space provided. (Rubrics: 0.5 mark each for correct answer, for 10 statements - Total 5 marks) Question Answer Question Answer 1 6 2 7 3 8 4 9 5 10 1. Unrestricted account holders are provided by Islamic banks when the deposits are contracted on the basis of mudarabah muqayyadah. 2. The Islamic bank acts as the fiduciary of the fund when collecting and distributing all or part of zakat. 3. The Accounting and Auditing Organization for Islamic Financial Institution (AAOIFI) is based in Dubai. 4. The balance-sheet of Islamic banks does not constitute Assets Liabilities + Equities = 5. The financial reports of Islamic bank suggested by the AAOIFI are more extensive than the usual financial reports. 6. Non-interest bearing loan payable at the end of the period with the same amount is termed as qard al-hasan. 7. When A advances money to B and the former prescribes certain conditions to the latter in a contract of mudarabah, this type of mudarabah is called mudarabah mutlaqah. 8. The financial statement of Islamic financial institution is similar to the conventional financial statement, except "The Statement of Sources and Uses of Funds in the Zakat and Charity Fund' 9. Another name of balance-sheet is the statement of profit and loss. 10. When the total liability of a company is 500,000 OR and the total asset is 700,000 OR, then the total equity of the company is 1,200,000 OR