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Islamic finance

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Islamic finance

  • This topic has 4 replies, 2 voices, and was last updated 12 years ago by John Moffat.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • May 25, 2013 at 11:55 am #127140
    little
    Member
    • Topics: 6
    • Replies: 10
    • ☆

    hello sir,
    Sir i just want to know if examiner asked about the role and developments on islamic finance then what to write
    write the principles of islamic finance or what else?Thanks.

    May 26, 2013 at 7:40 am #127203
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54684
    • ☆☆☆☆☆

    If he asked that, then explaining the principles and types available would be sufficient. Do read the recent student accountant article as well.

    June 3, 2013 at 6:27 am #128352
    little
    Member
    • Topics: 6
    • Replies: 10
    • ☆

    Thanks

    June 3, 2013 at 6:29 am #128353
    little
    Member
    • Topics: 6
    • Replies: 10
    • ☆

    Sir also let me know if he asked that explaining the rationale for its use?and Can he asked about the mechnaism of sukuk bond?

    June 3, 2013 at 8:03 am #128371
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54684
    • ☆☆☆☆☆

    So far nothing has been asked in Islamic finance.

    If it is asked, then certainly he can ask for the rationale (essentially that the providers of finance cannot charge interest, and they must bear some of the risk). He can also certainly ask about sukuk (or about any of the instruments).

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