Introduction to Islamic Banking
Authored by Sana Ben hamouda
Other, Business
University
Used 48+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Islamic bank is
Financial institution that carries out banking business such as receiving deposit and lending out loan.
Islamic financial institution that carries out banking business such as receiving deposit and lending out loan using shariah principles.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Any business based on Islamic rules does not require us to pay zakat.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Charging high amount of fees based on the money lend out is permissible in Islam.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is wadiah?
Safekeeping
Leasing
Joint venture
Cost plus
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Please choose the correct contract:
Ahmad has RM10,000 capital and give it to Karim for doing a business. The profit will be given based on the ratio.
Musyarakah
Murabahah
Mudharabah
Wakalah
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Diana had appointed Syafiq to act behalf of her for buying a luxury bungalow at Sg Buloh. It can be refer as
Amanah
Wakalah
Bay salam
Bay inah
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