Economic information from internal and external market information There must

Economic information from internal and external

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-Economic information from internal and external market information . There must an efficient market # Transparent information 4) Explain the five basic principles as a guideline for investment. ( 10 marks) To protect the purchasing power of money to increase its quantity To abstain from poverty and from seeking the assistance of others To improve one’s income for the sake of acquiring education or other needs of life To enable economic conditions to improve. For whole nation To fulfill the requirement of citizens and other people. To strengthen one’s Islamic personality so that you are not obligated to others . All of the investment cannot have prohibited elements 5) Explain the models of Islamic Finance in Malaysia ( 5 marks) market driven vs government initiatives models for islamic finance dual banking system central bank of Malaysia – IFSA 2013 sukuk: capital market act Islamic financial system is parallel with conventional system. - role of central bank : development of the financia l system -role of the government : to provide enabling environment and build infrastructure
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