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hi guys, just wondering the likelihood of this topic being examined and if so would it cover a full question or just kind of a 3-5 marker part of a questions.
many thanksI don’t know the answer, but I’m really hoping it won’t come up. No matter how many times I read this section, I forget which one is which.
It could come up – it is impossible to guess (because it is not something that will be asked often).
If it is asked, then there will not be calculations – only written – and it will only be one part of a question. I would be surprised it was more than about 5 or 6 marks.
Not at all – writing anything sensible will get some marks. Even if you just make it clear that with Islamic finance interest cannot be charged, and that the lender has to take some risk you will get some marks – probably 2 out of 5 if there are 5 marks in total.
You should never ever not write anything – then you really are just throwing marks away.
You only need 50%, and you should aim for 50% for every part of every question.If you wrote nothing at all and then failed on 49% then you would be stupid – just proving that you understood the principle (i.e. not charging interest) would have got you the extra 1 mark and you would have passed.
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