The Prohibited Sales in Islam.

Riba refers to:

• Fair trade practices.

• Interest-based transactions.

• Profit-sharing agreements.

• Joint venture partnerships.

Which of the following sales involves price-hiking or false abiding?

• Murabahah.

• Ijarah.

• Najash.

• Musharakah.

Usury, or Riba, is condemned in Islam primarily because it:

• Encourages fair trade practices.

• Promotes economic growth.

• Leads to exploitation and inequality.

• Enhances financial stability.

Bay' al-Najash involves:

• Speculating on future market prices.

• Deceptive price-hiking tactics.

• Flexible payment arrangements.

• Mutual consent between buyer and seller.

Which of the following sales practices is prohibited in Islam?

• Offering discounts to loyal customers.

• Price manipulation to deceive buyers.

• Transparent pricing based on market value.

• Honoring negotiated agreements.

Which of the following is an example of Riba al-Fadl?

• Selling gold for gold but with a difference in weight.

• Charging interest on a loan.

• Delaying payment of a debt beyond its due date.

• Selling goods with hidden defects.

Which transaction involves Riba al-Nasiah?

• Selling goods for a higher price to be paid later.

• Charging interest on loans.

• Selling goods with hidden defects.

• Exchanging goods for goods of different types.

Ali invests $10,000 in a business venture with his friend Ahmed. They agree that Ali will provide the capital, while Ahmed will manage the day-to-day operations and share the profits with Ali. Which Islamic financial concept does this scenario illustrate?

• Mudarabah

• Sharakah

• Qard Hasan

• Bay' bil-taqsit

Ahmed and Ali decide to pool their resources and skills to start a construction company. They both invest capital and jointly manage the company's operations. Which Islamic financial concept does this scenario illustrate?

• Mudarabah.

• Sharakah.

• Qard Hasan.

• Bay' bil-taqsit.

Fatima lends $200 to her neighbor Samir, who is facing financial difficulties, without expecting any repayment. She offers the loan as a gesture of goodwill. Which Islamic financial concept does this scenario illustrate?

• Mudarabah.

• Sharakah.

• Qard Hasan.

• Bay' bil-taqsit.