FIN546 Institution and Market

Which one is NOT takaful operator?

• MSIG Insurance

• AIA Takaful

• Takaful Ikhlas

• Prudential Takaful

Key aspect of Islamic Unit Trust

• High liquidity

• Risk minimization

• No gambling (Maisir)

• Wakalah

"It is a cost-plus financing arrangement where the seller discloses the cost and profit margin to the buyer. It is often used for purchasing goods and commodities."

This statement refer to _____

• Musharakah

• Sukuk

• Ijarah

• Murabahah

Who is the person that established tabung haji?

• Tan Sri Abdul Rashid Hussain

• Datuk Prof Ts. Dr. Shahrin Sahib @ Sahibuddin

• Ungku Abdul Aziz bin Ungku Abdul Hamid

• Tan Sri Syed Mokhtar Al-Bukhary

"A pooled investment company that mostly uses outside investors' money to fund ventures that are too risky for bank loans or the traditional capital markets."

This statement refer to ______

• Venture Capital Fund

• Takaful Fund

• Equity Capital Fund

• Islamic Market Fund