Congratulations - you have completed Islamic Accounting. You scored %%SCORE%% out of %%TOTAL%%. Your performance has been rated as %%RATING%%
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Question 1 [CLICK ON ANY COICE TO KNOW RIGHT ANSWER]
Which of the following statements is not CORRECT about Islamic Capital Market?
It plays a vital role in attracting savings
it ensures efficient resource mobilisation and allocation.
It directly affects the supply of funds for investment.
It provide short term equity and debts instruments only.
Question 2 [CLICK ON ANY COICE TO KNOW RIGHT ANSWER]
The followings are the benefits of sukuk EXCEPT
It provide avenue to source for large funding.
It can be traded in the secondary market for liquidity need.
It provide source of funding for corporate and government.
It provide risk free investment vehicle to the investors.
Question 3 [CLICK ON ANY COICE TO KNOW RIGHT ANSWER]
The following are category of objectives of Shari'ah EXCEPT
Question 4 [CLICK ON ANY COICE TO KNOW RIGHT ANSWER]
Accounting for for Islamic Finance is all about the following EXCEPT
Initial Measurement and Recognition of transactions.
Subsequent measurement and de-recognition of transactions.
Presentations and disclosures of transactions.
Accounting according to AAOIFI standards.
Question 5 [CLICK ON ANY COICE TO KNOW RIGHT ANSWER]
Murabahah Financing is a Show answers
Liability to Islamic banks
liability to the customer
Asset to the customer
Qausi-equity to the customer
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There are 5 questions to complete.