Final Exam - English 1

The first Islamic bank opened more than 1.000 years ago.

• True

• False

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

Islamic banking customers do not have to pay interest on money they borrow.

• True

• False

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

You have to be Muslim to use an Islamic bank.

• True

• False

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.11-12.3

CCSS.RI.8.3

CCSS.RI.9-10.3

A shari`ah board must govern the Islamic section of the bank.

• True

• False

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

Islamic banks cannot invest in companies which sell prohibited food products.

• True

• False

Tags

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.7.2

CCSS.RL.8.1

CCSS.RL.9-10.2

Customers of Islamic banks cannot borrow or lend money.

• True

• False

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

People who follow the laws of Islamic banking cannot make a profit.

• True

• False

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

Part of the ownership of a company which people buy as an investment ......

• Share

• Supply

• Profit

• Loan

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

Goods and services that people want to buy .....

• Demand

• Mortgage

• Interest

• Guarantee

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

Things that have value because many people are interested in owning them ......

• Collectibles

• Dividend

• Capital

• Risk

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5