৬৪ যমুনা-১৮
M THEINSTITUTE OFBANKERS,BANGLADESH(IBB)
99thBankingProfessionalExamination,2024 1
AIBB
ShariahBased Banking (SBB)
SubjectCode : 2 1 2
Time 3hours
Fullmarks-100
Pass marks-45
[N.B. Thefigures intherightmargin indicatefullmarks.Answeranyfivequestions.]
Marks
1.(a) WhatdoyoumeanbyIslamicEconomics? 3
(b) Describethesources ofIslamic Economics. 4
(c) What are the objectives of wealth distribution in Islamic 7
Economics? Discuss.
(d) Discuss Zakatasthe means ofdistribution ofwealth. 6
2.(a) Whatare thenon-bankingservicesofIslamic Banks? OTE 5
(b) Discuss the role ofIslamic Banking in achieving the objectives of 8
IslamicEconomics.
-(c) "The core function of banking is to ensure fund flow from the 7
surplus unit to the deficit unit"-Discuss how Islamic Bank
ensures it.
3.(a) Whatarethe mainwaysofdepositcollection in Islamic Banking? 7
Describe briefly.
(b) "Mudaraba is the profit sharing loss bearing financing method" 7
Justify the statementwith example.vitiaitor baeylibinupid
(c) WhenandhowMudarib is chargedforcapitalloss?rodanO 6
4.(a) What are the differences between Musharakah and Mudaraba 5
investmentmodes?
(b) What steps can an Islamic Banktake to mitigate risks of loss in 7
Musharakah and Mudarabainvestment?
(c) Whatarethe keyfeaturesofIjarah? 4
4
(d) Discussthe conditions foravalid ljarah agreement.
5.(a) Write downthe key features ofBai-Salam. 5
(b) Discusstheconditionsto be fulfilled for avalid Bai-Salam. 5
(c) What are the differences between Bai-salam and Bai-Muajjal 5
investment modes?
(d) "Qardisthe benevolent loan, nottheinvestment"-Explain. 5
[Pleaseturn over
2
Marks
6. (a) Whatis exchange rate? 2
6
(b) HowdoesIslamic Banks manageexchangerate risk?
6
(c) Describethe procedure ofimportfinancing underIslamic Banking
framework.
6
(d) DiscusstheIslamic investmentmodesin exportfinancing.
4
7. (a) Whatdoyou meanbyIslamic moneymarket?
8
(b) Discuss the Shariah compliant liquidity support instruments
by Bangladesh Bank for the Islamic Banks and its
introduced
impact ontheliquidity managementofIslamic Banks.
8
(c) Whatis commodityMurabaha? CanIslamic Bankcollect money
for its ownbycommodity Murabaha?Justify your answer.
8.(a) Whatdoyou meanbyAAOIFI? 3
(b) Discusstheobjectives ofAAOIFI. 5
(c) What arethefunctions ofShariah SupervisoryBoard? 8
(d) Who are responsible for Shariah compliance in Islamic Banks 4
and why?
9. Write the difference ofany five ofthe following: 4×5=20
(a) RibaandProfit
(b) Conventional EconomicsandIslamic Economics
(c) Salamand Istisna
(d) Board ofDirector andShariah Supervisory Board
(e) Shahib-al-Maal and Mutawalli
(f Liquidityand Profitability
(g) Onshore Bankingand Offshore Banking
(h) Ijarahand HirePurchase underShirkatul Melk(HPSM).
10. Writė shortnotes onany five ofthe following: 4x5=20
(a) Riba-al-Fadl and Riba-al-Nasia
(b) Nisab
(c) Weightagecalculation
(d) MudarabaSubordinated Bond
(e) Sadaqah
(BGIIB Operation
(g) Cash WaqfAccount
(h) CashL/Cand UPASL/C.
