Soalan$/$Question $1$

Instrumen pasaran wang pada dasarnya adalah IOUs yang dikeluarkan oleh kerajaan, institusi kewangan dan syarikat$-$syarikat besar. Kebanyakan instrumen ini didagangkan dalam denominasi sangat tinggi dan mempunyai akses untuk pelabur individu yang terhad.

Money market instruments are essentially IOUs issued by governments, financial institutions and large corporations. Most of these instruments are traded in very high denominations and have limited access for the individual investors

a$)$ Bandingkan TIGA $(3)$ perbezaan di antara pasaran wang konvensional dan pasaran wang Islam serta jelaskan perbezaan masing$-$masing

Compare THREE $(3)$ differences between conventional Money Market versus Islamic Money Market and explain their respective differences.

$(6$ markah$/$marks$)$

b$)$ Bandingkan sekurang$-$kurangnya TIGA $(3)$ perbezaan di antara Sijil Hutang Boleh Niaga Islam berbanding Instrumen Deposit Boleh Niaga Islam dan jelaskan perbezaan masing$-$masing.

Compare at least THREE $(3)$ differences between Negotiable Islamic Debt Certificate versus Islamic Negotiable Instruments of Deposits and explain their respective differences.

$(9$ markah$/$marks$)$

c$)$ Bincangkan sekurang$-$kurangnya LIMA $(5)$ jenis Instrumen Pasaran Wang Islam selain daripada $($b$).$

Discuss at least FIVE $(5)$ other than $($b$)$ above types of Islamic Money Market Instruments.

$(10$ markah$/$marks$)$