Assignment title: Information
Is it true that in the Islamic economy, it may not be possible to allocate the financial resources prudently? In other words, without presence of interest, will it not be possible to allocate the financial resources appropriately? Develop your arguments against this standpoint. Question 2: Explain what fiduciary responsibilities an Islamic financial institution (IFI) has towards the investment accounts holders (IAHs) as set out in the Islamic Financial Services Board (IFSB) guidelines for the IFIs