Answer:
cannot pay or charge interest
Explanation:
Islamic banks do not charge interest. The banks are based on Sharia law. Islamic banks make a profit through equity participation.
I hope my answer helps you
D. Suppose that the government imposes a tax on the oil refiner that makes the oil refiner pay twice per unit of output produced. is there T that induces the Pareto efficient level of o
Answer: demand assurances of performance from stonework
Explanation: In simple words, assurance of performance refers to the written guarantee from the service provider that the service will be preformed as per the fixed guidelines.
These assurances is very common in contracts which requires specific performance or performance from a specific person or an entity.
These contracts can be used in the court of law in case any conflict between the related party happens in future, thus it provides satisfaction to the paying party to some extent.
Answer:
D. weak form of the efficient market hypothesis.
Explanation:
Weak form efficiency is also known as the random walk theory. According to this theory, past events do not have any effect on future prices. The individual supporting weak form efficiency advocates that the current value does not have any relationship with past information. In the above case, the investor finds that the past and the present situation is equivalent and therefore this proves to be the violation of the weak form efficiency.