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The Reports:
i) An auditor's report showing:
a) Profits or losses in each of the last FIVE years.
b) Rate of dividend during the last five years.
c) Assets and liabilities at the date of the last accounts.
d) Similar details with regard to subsidiary companies, if any.
ii) Whether the proceeds of the matter are to be used to buy a business, a report by named accountants on the profits or losses of the business for the last five years, and its assets and liabilities at the date of the last accounts.
iii) Whether the proceeds of the matter are to be used to buy shares in a subsidiary, a similar report as in (ii) above.
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Consistent with the written Law However Islamic law is the law based on the Holy Koran and the teachings of the Prophet Mohammed as defined in his Sayings called "Hadith".
Directors to perform the duties: Therefore it cannot be that the auditors are to be at the expense and trouble not merely of sending their report through the post but of deli
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