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Islamic Banks Related to Risk Management Assignment | Homework For You

Author:
June 8th, 2020
3. One of Qatar Central Bank’s Instructions to Islamic Banks related to risk management is the following: “When financing is undertaken in terms of Mudaraba and Diminishing Musharaka contracts, the bank must have sufficient collaterals in order to meet their commitments in case of failure.” Why does the central bank recommend this? (1 Point)Homework For You
Due to potential losses to be borne by the Bank in its role as a Mudharib or Partner
Due to potential losses to be borne by the Bank in its role as a Rab N Mal or Partner
Due to potential losses to be borne by the Bank in its role as a Mudharib in a Mudharaba or Partner in a Musharaka. Get Finance homework help today

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