Fund Mobilization and Utilization

Shari’ah Contracts for Islamic Financial Instruments does not include:

• Security contracts

• Charitable contracts

• Privacy contracts

• Agency contracts

Kafalah is under

• Security contracts

• Charitable contracts

• Privacy contracts

• Agency contracts

Wakalah is under

• Security contracts

• Charitable contracts

• Privacy contracts

• Agency contracts

Hibah is under

• Security contracts

• Charitable contracts

• Privacy contracts

• Agency contracts

Al-makful lah

• Principal Debtor

• Creditor

• Guarantor

• Guaranteed

al-makful anh is

• Principal Debtor

• Creditor

• Guarantor

• Guaranteed

•Performing a task on behalf of others, preservation and delegation of a job to another is definition for

• Hibah

• Wakalah

• Kafalah

• Guaranteed

______________ is a transfer of legal and beneficial ownership of the assets from the donor to the beneficiary on volunteer basis. i.e. without valuable consideration and compensation

• Hibah

• Wakalah

• Kafalah

• Guaranteed

Wakalah required depositors to pay

• agency fees

• registration fees

• security fees

• School fees

The custodian guarantees the refund of the property kept with him, and also ensures to refund the item upon request is the definition for _____________

• Kafalah

• Wakalah

• Wadi'ah

• Hibah