What is the maximum repayment period for motor vehicle Murabahah financing provided?

24. What is the maximum repayment period for motor vehicle Murabahah financing provided?

The student's selection of 15 years is generally ❌ Incorrect for motor vehicle Murabahah financing.

In most Islamic finance jurisdictions, the maximum repayment period for motor vehicle Murabahah financing typically ranges from 5 to 7 years. A period of 15 years is usually associated with real estate or property financing (e.g., home Murabahah), not motor vehicles.

Based on common industry standards, the most appropriate answer among the given options would likely be 5 years, or potentially 7 years if it were an option. Since 5 is an option, it's the most common maximum.

The correct option is:

• 5

25. How does CRM help increase customer retention in banking?

The student's selection is ✅ Correct.

CRM (Customer Relationship Management) systems are designed to manage and analyze customer interactions and data throughout