ISLAMIC FINANCIAL MARKET CHAPTER 3

The Following are the IOSCO objectives for Securities Regulation, except for?

• Protecting Investors from any form of Investment Fraud

• Reduce Risk of Financial Failure

• Ensuring Fair, Transparent, & Efficient Market

• Adhering to Sharia Law

The First Tier of Malaysian Approach in Regulating the Islamic Capital Market is divided into Two-tier Structure, In the second - Tier all of the following was the guideline needed to regulate ICM, Except for?

• Guidelines of Islamic REITs

• Guidelines on Islamic ETF

• Guidelines on offering of Private Debt Securities

• Guidelines on offering of Islamic Securities

The following are the list of Malaysia Financial Regulatory Bodies, except for?

• Labuan FSA

• Bursa Malaysia

• Bank Negara Malaysia

• Securities Commission

What is the primary role of BNM as the regulator?

• To regulate Shariah-compliant Stocks

• To regulate the Issuance of Bond and Sukuk

• To regulate SME Bank

• To regulate Bank Islam (Offshore)

The Following are the example of Islamic International Infrastructure Institution :

• 1. IFSB 2. AAOIFI 3.IIFM 4. IILM

• According to your understanding, why do all these Institution is vital to the global development of Islamic Financial Infrastructure?

• To uphold the Interest of Islamic Financial Services Industry

• To regulate the listing of Sharia-compliant Stocks

• Providing criteria for the Islamic Scholars to be appointed as SAC members of the Central Bank

• To aspire the Industry to mimic Conventional Practices.

"The establishment of INCEIF and ISRA is a prime example of BNM's role in developing the Islamic Capital Market." According to your understanding, how is the statement best described as BNM's role in ICM development through?

• Planning

• Developing Human Resources

• Supervisory

According to the Capital Market Services Act (CMSA) 2007, to which ministry was the Securities Commission required to report?

• Ministry of Economic

• Ministry at the Prime Minister Office

• Ministry of Finance

Why was the Shariah Advisory Council (SAC) of the Securities Commission necessary to fulfill Islamic Capital Market (ICM) requirements?

• To ensure it's compliance with Sharia

• To enable Islamic Financing to be introduced to the SME sectors

• Not allowing Company to issue Sukuk

The following are an example of Islamic Securities except for?

• Islamic Indices

• ETF

• I-REITs

• Sharia-compliant Stocks

Bursa Malaysia allows investors to easily invest and raise capital through its platform. In your understanding, why is stock trading vital to the businesses that go public?

• To merge with other listed companies

• To raise capital from Investors

• To Manipulate the market