In the Murabaha Method

question 44

Multiple Choice

In the murabaha method:

• A) the consumer reimburses the purchase price by installments for a given number of years, with some specific service fee calculated into each monthly payment.
• B) the financial institution is considered to be the buyer of the property, and the customer pays rent to the financial institution.
• C) once the purchase money has been repaid, the property is transferred to the occupier.
• D) the financial institution buys a property at the price agreed upon between the occupier and the original vendor and then immediately resells it to the occupier at a higher price.

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Definitions:

Experiments

Controlled procedures carried out to investigate the effect of a variable by providing precise data and observations.

Extra X Chromosome

A genetic condition where an individual, typically male, has an additional X chromosome, leading to symptoms such as reduced fertility and physical characteristics often associated with Klinefelter syndrome.

Condenses

The transformation of a substance from its gaseous state to its liquid state, often as a result of cooling.

Females

Individuals of a species that are typically characterized by the ability to produce eggs or bear offspring.