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Questions and Answers
In a Mudaraba partnership, who acts as the managing partner?
In a Mudaraba partnership, who acts as the managing partner?
- Business owners
- Islamic bank (correct)
- Capital owners
- Investment account holders
What is the primary purpose of a Mudaraba contract?
What is the primary purpose of a Mudaraba contract?
- To provide capital to business owners
- To ensure equal distribution of profits
- To establish a profit-sharing partnership (correct)
- To guarantee fixed returns to investment account holders
Who are the owners of capital in a Mudaraba partnership?
Who are the owners of capital in a Mudaraba partnership?
- Managing partner
- Investment account holders (correct)
- Business owners
- Islamic bank
