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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Islamic finance
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.
If he asked that, then explaining the principles and types available would be sufficient. Do read the recent student accountant article as well.
Thanks
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?
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).