Salizatul Aizah Ibrahim
Department of Economics
Faculty of Accountancy & Management
Universiti Tunku Abdul Rahman
Backgroundto Arabia, the residents of Mekah
When Islam came
gained their livelihood mainl
TUTORIAL 15 (ANSWER) CHAPTER 18
Define tax neutrality and its purpose.
State the elements of tax neutrality in Malaysia.
List three (3) main challenges faced by Shariah auditors in the process of auditing the
Islamic Financial Institutions (IFIs)
TUTORIAL 14 CHAPTER 16
Explain the meaning of Corporate Governance in the context of Islamic
Describe the role of stakeholders on corporate governance.
Explain the key elements that a bank should consider in order to enhance
TUTORIAL 11 CHAPTER 12
Ismail, an independent auditor is engaged to audit the operational aspect of Takaful Ihsan
Co. He randomly selects one takaful policy and discovers some issues. Ismail comes to
you and seek your expert opinion on the discovered issu
TUTORIAL 9 CHAPTER 10
Refer to article:ZETI AKHTAR AZIZ: THE CHALLENGE FOR A GLOBAL CAPITAL MARKET
STRATEGIC DEVELOPMENTS IN MALAYSIA
Issues to be discussed:
The role of sukuk in the global capital market;
Benefits of sukuk;
Challenges in the de
TUTORIAL 13 CHAPTER 15
What are the reasons for regulations?
Discuss policy issues that are related to regulations in IFIs.
What is the role of the Shariah Advisory Council and the Shariah
Discuss the implications for the de
TUTORIAL 12 CHAPTER 13 & 14
1. Explain the meaning of all the risks categories, stating how these risks arises and
the ways they can be mitigated.
2. Describe the implementation challenges of risk management.
TUTORIAL 10 CHAPTER 11
After a few years of operation, a stock exchange in a given jurisdiction announces
that it will be transformed into a full Islamic stock exchange in two years time. At
the time of the announcement, almost 70% of its listed compan
TUTORIAL 6 CHAPTER 7
What are the main difference between Mudharabah Mutahalaqah and
Explain the differences between Mudharabah and Musyarakah?
What are the challenges in implementing Musyarakah in Malaysia?
A customer h
TUTORIAL 5 CHAPTER 6
What are the three fundamental prohibited elements in Islamic Finance?
Briefly explain the essential elements of a valid contract.
There are a few classification of Islamic sale contract. Highlight the
differences between the
TUTORIAL 3 CHAPTER 1 & 4
Explain how does an Islamic banking system maintain its efficiency?
Explain in detail the norms of Islamic ethics.
How does mobilization of funds works in Islamic banking?
What do you understand by the term Muamalat?
TUTORIAL 7 - CHAPTER 8
What are the Shariah principles that are applied under Islamic savings
Explain the Islamic principle that apply to current account only and not
Explain the differences in Islamic deposits compared to conve
TUTORIAL 4 CHAPTER 5
Define the word riba in the Islamic Banking perspective.
Differentiate the two major types of riba in Islam and give examples of each.
What is the rationale behind the prohibition of riba?
Describe the elements that consti
TUTORIAL 2 CHAPTER 1
Define Islamic Financial System.
Explain the components of an Islamic Economic System and its objectives of
having rules of conduct.
Explain all the core principles of Islamic Economic System.
What is the future of the Isl