Question: You have to make a comparative analysis between two sets of Islamic bank financial statements. We did the same exercise, last class. 1. Find or

You have to make a comparative analysis between two sets of Islamic bank financial statements. We did the same exercise, last class.

1. Find or google two different Islamic banks from two different countries.

2. Get the newest year available.

3. Not limited to UAE only.

4. Find if they prepared the:

i. Statement of Restricted Investments

ii: Zakat and charity fund statement.

iii. Qard fund statement.

iv. Roles of the sharia advisor.

v. Responsibility to pay zakat.

vi. How much is zakat paid and the method to compute zakat?

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 Finance Questions!