Standard No. 13 “Mudarabah” is applicable to all of the following except:  

In Mudarabah partnership, one party arranges capital called ____________, and the other party functions as an entrepreneur _____________.

The contents of ________________ are integralpart of any future contract once the Mudarabah contract has been concluded onthe basis of this document.  

In _____________ contract the capital provider permits the Mudarib to manage the Mudarabah fund without any limitations imposed.    

 The Mudarabah MoU should contain the followinginformation: 

In ______________ contract the capital provider imposes limitations on the actions of Mudarib. 

The capital for Mudarabah must beprovided in ____________. However, it can also be provided in the form of _____________.    

a)        

b)       

c)     

d)      

Mudarib must have free access to the___________ for Mudarabah contract to be valid.     

If the Mudarabah contract is concluded on an unrestricted basis, the Mudarib has all the following powers except: 

The Mudarib is not allowed to sell items at a price _________ than the market price or buy items at a price __________than the market price.   

 A Mudarabah contract can be liquidated in the following manner:   

Mudarabah financing contract can be concluded based on MoU.        

Both parties in Mudarabah contract should have legal capacity to appoint agents.

Mudarabah contract may not be terminated unilaterally by either party.  

Mudarabah contract is a trust-based contract.          

There are two types of Mudarabah contract.     

Debt owed by Mudarib to the capital provider can be used as capital in a Mudarabah contract.

The parties in Mudarabah shall distribute profit according to pre-agreed ratio of profit distribution.     

It is permissible for the capital provider to state that profit of one financial period would be taken by him and the other by Mudarib.       

Mudarib is allowed to extend a loan or a gift or a charitable donation out of the Mudarabah funds.