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Islamic Structured Products <3

Total questions: 15

Worksheet time: 5mins

Name
Class
Date
1.

Below are the underlying contracts under Islamic Structured Products stated on slide, except

a)

Wakalah

b)

Mudarabah Muqayyadah

c)

Mudarabah Mutalaqah

d)

Wa'd

2.

There is an existence of tanazul in Wakalah contract under Islamic Structured Product.

a)

True

b)

False

3.

Mudarabah muqayyadah is a non-restricted contract.

a)

False

b)

True

4.

Islamic Dual Currency Investments is a long term investment. The bank invests in Islamic Money Market instruments and Islamic Currency Options.

a)

True

b)

False

5.

Only three (3) contracts are used in Islamic Dual Currency Investment which are Wakalah bil-istishmar, Wa'd and Bai' Sarf.

a)

False

b)

True

6.

The return of Islamic Dual Currency Investment is in alternate currency if the base currency weakens against alternate currency.

a)

True

b)

False

7.

Structured products also can be defined as a pre-packaged based on a series of derivatives.

a)

True

b)

False

8.

Below are the Islamic Structured Products that are offered in three different forms, except

a)

hedging solutions

b)

structured deposits

c)

structured warrants

d)

structured notes and certificates

9.

"The return of structured products may be differ depending on the results of one or more market factors" is one of the explanation from the type of Liquidity Risk

a)

False

b)

True

10.

Exposure are defined as contracts, projected or contingent cash flows that are currently unstable and depend on the value of foreign exchange rates.

a)

False

b)

True

11.

The depreciation of the receivable currency is hedged against by buying a currency forward.

a)

True

b)

False

12.

Islamic foreign exchange forward contracts use the principle of wa'd to meet the needs of hedge funds.

a)

False

b)

True

13.

Equity linked note is an instrument that offers guaranteed high profit return to the investors.

a)

True

b)

False

14.

Islamic Equity Linked Notes is a combination of _______ and _______.

a)

Bond

b)

Sukuk

c)

Put option

d)

'Urbun

15.

As of now, how many Islamic Structured Products in Malaysia have applied the concept of 'urbun?

a)

2

b)

3

c)

4

d)

5