Islamic Finance
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Questions and Answers

Which partner in a mudarabah is responsible for providing the investment?

  • A third party
  • The rabb-ul-mal (correct)
  • The mudarib
  • Both partners
  • In a musharakah partnership, who can participate in the management of the business?

  • A third party
  • Only the rabb-ul-mal
  • Only the mudarib
  • Both partners (correct)
  • Who is responsible for the management and work in a mudarabah partnership?

  • Both partners
  • A third party
  • The mudarib (correct)
  • The rabb-ul-mal
  • Who shares the loss in a musharakah partnership?

    <p>Both partners</p> Signup and view all the answers

    Who bears the loss in a mudarabah partnership?

    <p>Only the rabb-ul-mal</p> Signup and view all the answers

    Study Notes

    Islamic Finance Partnerships

    Mudarabah Partnership

    • The investor (rabb-ul-mal) provides the investment in a mudarabah partnership.
    • The mudarib (managing partner) is responsible for the management and work in a mudarabah partnership.
    • The loss is borne by the investor (rabb-ul-mal) in a mudarabah partnership.

    Musharakah Partnership

    • All partners can participate in the management of the business in a musharakah partnership.
    • Losses are shared by all partners in a musharakah partnership.

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    Description

    Test your knowledge on Mudarabah and understand the key differences between Mudarabah and Musharakah in this informative quiz. Explore the roles of "rabb-ul-mal" and "mudarib" in this unique partnership and enhance your understanding of Islamic finance.

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