Which of the following is not covered by Standard No. 40 “Distribution ofProfit in Mudarabah-based Investment Accounts”?    

Investment accounts are divided into ________types.    

One who provides capital in Mudarabah is called ______________.        

One who provides management and workin Mudarabah is called ______________.        

In __________________, Mudarib is free to invest funds in any project without any constraints imposed by Rab al-Mal.    

In ___________________, Mudarib has to invest funds in a particular project as specified by Rab al-Mal.      

In _________________ liquidation of Mudarabah, noncash assets and all debts are valued by experts.  

The method of profit distribution in Mudarabah should be based on_____________.    

Profit ratios are to be specified at the time of liquidation of Mudarabah.   

If one Mudarabah operation suffered a loss, the same may be covered from the profits of the other operations of Mudarabah.

It is allowed to cover the loss of one financial period from the profits of another period.     

Current account funds represent loans which the institution has to repay in full.

In Mudarabah accounts, both profits and losses are shared between Mudarib and Rabعl-Mal 

The institution is not committed for the repayment of investment account funds, unless committed any negligence.  

Losses are only borne by the Rab al-Mal, unless incurred by the Mudarib’s negligence.      

It is legitimate to specify that profit of first six months is for partner “X” ,and profit of next six months is for partner “Y”.      

Method of profit distribution can be different for different periods.       

The reis nothing wrong in specifying a lump sum amount for any party in Mudarabah contract.