VOB Session June 2nd Day

Below are all the Shariah Compliance Guidelines except:

• Fund Acceptance

• Insurance

• Investment

• Expenses

Below are the Shariah Compliance Policy, except:

• Application of Shariah in Islamic Banking

• Shariah Governance Framework

• Shariah Completed Function

• Shariah Non-Compliance

Internal Audit Division (Shariah Audit) is the 2nd line of defence in the Three Lines of Defence Concept

• True

• False

Hedging and Risk Management is a Shariah Compliance Guideline

• True

• False

High Risk Entity/ Business includes

• Offshore Entity

• Money Changer

• Legal Firm

• Pep Unlinked Individual

Is "Tabung Haji Hotel" considered a High Risk?

• Yes

• No

Legal Firm is a business entity formed by one or more lawyers to engage in the practice of law.

• True

• False

"Ensuring and Upholding the integrity of all sectors within financial landscape" is the only reason why it is important to know the beneficial owner.

• True

• False