Which statement best explains the difference between Wakalah LC and Murabahah LC?, Both contracts require the bank to own the goods before the transaction., Wakalah LC is agency-based, while Murabahah LC is a cost-plus financing arrangement, Murabahah LC does not involve any profit for the bank., What is the primary role of the bank in a Wakalah LC transaction?, To purchase and resell goods., To provide interest-based financing., To act as an agent managing documentation and payment processes., What is the main difference between Wakalah LC and Murabahah LC?, Murabahah LC requires the bank to own the goods before selling them to the customer., Wakalah LC involves ownership of goods by the bank, while Murabahah LC does not., Both contracts require the bank to own the goods., Which situation may cause Shariah non-compliance in Murabahah LC?, The bank charges an agreed profit margin., The bank verifies trade documents., Wakalah and Murabahah contracts are signed before the bank owns the goods., Why is Murabahah LC considered riskier than Wakalah LC?, The bank only acts as an agent., The bank must own the goods before selling them to the customer, The customer pays a higher service fee.

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