Islamic banking

“Those who eat Riba (usury) will not stand (on the Day of Resurrection) except like the standing of a person beaten by Shaitan (Satan) leading him to insanity. That is because they say: "Trading is only like Riba (usury)," whereas Allah has permitted trading and forbidden Riba (usury)…”

Find name of Surah and number of Ayat

• Qur’an, Al Baqarah: 275

• Qur’an, Al Fatiha: 2

• Qur’an, Al Baqarah: 285

• Qur’an, Al Moida: 275

When you sale a debt and earn money, your profit is ...

• Halal

• Income

• Trade

• Usury (Interest)

When you sale a commodity and earn profit, your surplus is....

• Permissible

• Prohibited

• Usury

• Interest rate

To what people are encouraged in Islamic finance?

• entrepreneurship

• mutual cooperation

• generosity and spirit of partnership

• All above

In which way you must not generate income?

• Selling goods and services

• Manufacturing goods

• Sale of Usufuct of assets

• Usury

Partnership is...

• Wakalah

• Shirkah

• Ujrah

• Lease

Wakala is...

• Partnership

• Ujrah

• Sale

• Agency

In Islamic banking money must be ...

• sold for interest rate

• exchanged to gold

• converted into something useful

• generated profit

Which banking system deal with goods and documents?

• Conventional banking

• Islamic banking

• Credit unions

• Traditional banking

In which banking system money is considered a commodity?

• Islamic banking

• Conventional banking

• Central bank