Types of financial contracts from islamic perspective.

How many Types of financial contractsfrom islamic perspective?

• 9

• 8

• 7

• 6

What are the types of Ijarah?

• Ijarah Tashgheeliah

• Ijarah Wa Iqtina

• Ijarah Mutlaqah

• Ijarah Muntahia Bittamleek

What is Mudarabah in Islamic finance?

• Interest-based lending

• Profit and loss sharing

• Fixed return investment

• Insurance contract

Sukuk is structured to comply with Sharia principles, which prohibit;

• Profit-sharing

• Speculation

• Interest (Riba)

• Equity investments

Sukuk represent ownership in

• Traditional banks

• Insurance companies

• Islamic banks

• Real estate projects

In Murabaha for assets, the ownership of the asset is initially with

• Buyer

• Both buyer and seller

• Islamic bank

• Seller

The Takaful model involves the concept of

• Risk transfer

• Gambling

• Interest accumulation

• Sole ownership

What is the meaning of wakalah?

• delegation of power to another party for the things that are represented to carry out thing extent authorized by the power of attorney.

• Loan without interest

• leased asset remains in the ownership of the lessor and come back after the lease period

• To give something on rent

Ali made a loan with bank and Ali agree to pay exact amount without any interest after made an agreement with the islamic bank.What are the related financial contract?

• wakalah

• sukuk

• ijarah

• Al-Qard Al-Hassan

Mr abu who doesn't know on how to invest his money decided to let his friends make investment on his behalf by taking share of profit.what are this called?

• Al-qard Al-Hassan

• Musharakah

• Wakalah

• Ijarah