Ms Afiqah is a financial advisor. Ms Ratna approached her for financial advisory services while she wanted to make a long-term investment. She wanted to invest in low-risk assets, and she is happy...

Ms Afiqah is a financial advisor. Ms Ratna approached her
for financial advisory services while she wanted to make a
long-term investment. She wanted to invest in low-risk
assets, and she is happy with a minimum return. Ms Afiqah
promised Ms Ratna that Ms Ratna would get a fixed return
of 3% per annum if she invests in a fixed-return asset
through Ms Afiqah as an agent. Ms Ratna agreed to the
investment deal and started to pay RM500 per month to Ms
Afiqah for investing in a fixed-return asset. However,
instead of investing the funds directly to any fixed asset
instrument, Ms Afiqah transferred the money to her share- trading account. Ms Afiqah purchased share using that
money under her name and made a gain of more than 10%
per annum while returning only 3% to Ms Ratna every year.

a) Critically evaluate Ms Afiqah’s action based on the
concept of fiduciary duty. (minimum 200 words)

b) Analyse in what ways Islamic code of conducts can solve
the issues in the above scenario. (minimum 300 words)