Ibf Final Bba Fall20 Part II

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Final Exam (Take-Home) Fall – 2020 – Part II

Subject: Islamic banking and Finance Submission Day: Saturday


Instructor: Faculty Members Submission Date: January 30, 2021
Program: BBA Max. Marks: 20

Department of Business Administration

Please follow the instructions carefully:


1. Write your answers in a Word file and upload the file before the due date on BlackBoard.

2. Write your name and registration ID on the first page of your Word file.

3. Answer scripts can be uploaded on BlackBoard any time before its deadline.
Therefore, do not wait for the last hour to avoid any unforeseen problems.

4. Submission of answer copy(ies) will be considered acceptable through BlackBoard


only. Therefore, do not submit your document through email or any other medium.

5. Use 12 pt. font size and Times New Roman font style along with 1-inch page margins.

6. Follow the requirements of the word limit and the marking criteria while writing your
answers.

7. Provide relevant, original and conceptual answers, as this exam aims to test your ability to
examine, explain, modify or develop concepts discussed in class.

8. Do not copy answers from the internet or other sources. The plagiarism of your answers
may be checked through Turnitin.

9. Recheck your answers before the submission on BlackBoard to correct any content or
language related errors.

10. Double check your word file before uploading it on BlackBoard to ensure that you have
uploaded the correct file with your answers.
All questions to be attempted

Question No 01 06 Marks
You have studied the application of partnership, sale and purchase, and rental based
Islamic financial products in Islamic banks. In contrast, you have also studied the
functioning of conventional banks. Your task is to give your personal reflection on:

i. Is Islamic banking really different?


ii. Which banking side is good for our economy? Why?

Question No 02 06 Marks
What is a difference between “Musharaka and Mudaraba”?
What are the common basic rules between them to be followed?
What are the uncommon rules between them?

Question No 03 08 Marks
If you go to an Islamic bank and ask for financing for following purposes, which
financial product Islamic bank will most likely to use and why?

1. 10 years financing to start a new project


2. 5 years financing to construct a house on your land
3. 3 years financing for a heavy duty generator
4. 6 months financing for IPhone 12

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