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WorksheetsCommercial, Investment & Islamic Bank
Total questions: 10
Worksheet time: 3mins
3 (three) main functions of commercial banks EXCEPT...
core
agency
utility
corporate finance
Core functions of commercial banks includes..
purchase and sell securities
provide safety locker
processing payments
provide credit cards
To make payments of rent, insurance premium, etc. are considered as _________ functions of commercial banks
core
agency
utility
corporate finance
Datuk Borhan needs an advise to grow his business. Which bank he should go?
Commercial bank
Investment bank
Islamic bank
Bank Negara Malaysia
The functions of Asset Management by investment bank help business decide if they are worth investing in
True
False
Investment bank earn income by ______
charging fees
offering interest rates
The functions of assist in leveraged buyouts by investment bank are considered as ________
Merger & Acquisition Advisory
Risk Management
Corporate Finance
Sales & Trading
Activities that involve interest (riba), gambling (maisir) and speculative trading (gharar) are prohibited in Islamic Banking
True
False
Corporate Finance
Sales & Trading
The first Islamic bank established was Bank Islam Malaysia Berhad, which commenced operations on
1 July 1983
7 April 1983
8 Mac 1983
6 January 1983
Detail of cost and profit shall be disclosed to the buyer are referring to ____________
Mudarabah
Murabahah
Musharakah
Wakalah
