Shariah Financing

In Malaysia, tawarruq is also known as

• Ijarah

• Murahabah to Purchase Ordere

• Commodity Murabahah

• Musyarakah

AITAB refers to____________

• Al-Ijarah Thumma al-Bay

• Al-Ijarah al-Muntahiyah bi al-Tamlik

• Operating Ijarah

• Ijarah Mawsufah fi al-Dhimmah

What is the contract that can be used for personal financing?

• Musyarakah

• Bay Murabahah

• Bay al-Tawarruq

• Mudarabah

A contract in which the rabbul mal permits the mudarib to manage the mudarabah capital without any specific restriction.

This refers to _____________

• Mudarabah Mutlaqah

• Mudarabah Muqayyadah

• Murabahah

Which of the following is NOT TRUE about Islamic finance

• Shariah is the back bone of Islamic finance

• All desposit product is based on qard contract

• Tawarruq can be used for home financing

• Bay Inah is prohibited by Majority of Scholars