PIF3133 TOPIC 2

Front

Shariah non-compliance event, uncertainty.

Back

Gharar

Front

Prohibited because it involves gambling and speculation.

Back

Maysir

Front

_______ planning in IWM integrates both worldly and spiritual objectives.

Back

Holistic

Front

Ethical _____ includes fair pricing and honest dealings.

Back

Responsibility

Front

Proper and transparent distribution.

Back

Documentation

Front

The first step in Islamic Wealth Management.

Back

Creation

Front

A tool to protect wealth against unforeseen risks.

Back

Takaful

Front

Wealth purification.

Back

Zakat

Front

Profit sharing contract, partnership.

Back

Musharakah

Front

Distributing asset to non-heirs.

Back

Wasiyyah