One of the Steps to Follow to Develop an Investment

question 96

Multiple Choice

One of the steps to follow to develop an investment fund which has been structured to adhere to Shari'ah principles whilst at the same time making use of forfaiting assets was

• A)the fund sponsors had to be careful in ensuring that the pool of non-Islamic forfaiting assets was not used to directly satisfy the Islamically compliant obligations under the commodity and trade financing arrangements.
• B)screening is required to ensure that the products underlying the LCs do not run counter to Shari'ah principles.
• C)there had to be a signoff by Islamic scholars to verify that Shari'ah strictures had been met with.
• D)all of the above

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Definitions:

Actual Confusion

In trademark law, a situation where consumers mistakenly believe that goods or services originate from the same source due to similarity in branding or marketing.

Trademark Infringement

The unpermitted employment of a trademark or service mark with products and/or services in a way that can lead to confusion, deceit, or errors regarding the origin of the products and/or services.

Secondary Meaning

An additional meaning a trademark acquires, distinguishing the trademark's goods or services as originating from a particular source.

Patent

Protection that grants the holder the exclusive right to produce, sell, and use the patented object for 20 years; can be obtained for a product, process, invention, or machine or a plant produced by asexual reproduction.