All of the following statements are FALSE, in some way or other. For each statement, provide a brief explanation WHY the
Posted: Sat Feb 26, 2022 9:03 am
statement, provide a brief explanation WHY the statement is false. As a guide, a maximum of two sentences is expected for each statement. 8. Conventional foreign exchange forward contracts are not Shari'ah compliant because in the Shari'ah, we are not allowed to exchange different currencies. 9. The Islamic contract of bay' al-urbun has fundamental similarities with the conventional contract of put options. 10. In order of to ensure compliance to Shari'ah rules, assets used to structure a Sukuk must be tangible in nature and hence intellectual property cannot be used as Sukuk assets.
All of the following statements are FALSE, in some way or other. For each