ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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what is the function of IBFIM
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Shariah Advisories
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rating agency
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wealth management services
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None of the above
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Explanation:
Detailed explanation-1: -The certifications are designed to ensure attainment of skill and proficiency levels to fulfil jobs requirement and support professionalism of the Islamic finance industry.
Detailed explanation-2: -Shariah audit is important as the third line of defence in ensuring the operations ofIslamic Financial Institutions (IFIs) are in line with Shariah principles. The operationsrefer not only to day to day operations, process and procedures and management recordsbut also the financial statements of the IFIs.
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