The Foundational Dimension of Corporate Governance from the Islamic Perspective

question 3

Multiple Choice

The foundational dimension of corporate governance from the Islamic perspective is based on the:

• A) concept of tawhid unity of God.
• B) principle of shurah mutual consultation.
• C) Islamic legal rules on harmonious relationship and mutual benefits in commercial transactions
• D) all of the above

---

Definitions:

Commingled

Commingled refers to the mixing of assets or funds belonging to different parties such that they cannot be distinguished from one another.

Confusion

The act of mingling or blending goods or property in such a way that they can no longer be distinguished; in legal terms, it can affect rights of ownership.

Negotiable Document of Title

A document guaranteeing the possession and control of goods, which can be transferred to another party to facilitate commerce.

Legal Title

The formal right of ownership of property, which may or may not include the right to use or occupy the property.