TZ- Mudarabah and gifting

What is the literal meaning of the word mudarabah?

• Travelling for business

• Investing in stocks

• Saving money

• Buying and selling goods

Who is the Rabb al-Mal in a mudarabah partnership?

• The one who manages the business venture

• The one who provides capital

• The one who shares the profit

• The one who offers skills

What is the ruling on mudarabah according to the text?

• It is not permissible

• It is recommended for halaal returns

• It is only allowed for wealthy individuals

• It is discouraged in Islam

What is the difference between Shirkah and Mudarabah?

• Shirkah is not allowed in Islam

• Shirkah and Mudarabah are the same

• In Shirkah, only one person contributes the capital investment and in Mudarabah, both partners contribute the capital investment

• In Shirkah, both partners contribute the capital investment and in Mudarabah, only one person contributes the capital investment

When can the contract of Mudaraba be terminated?

• It cannot be terminated

• Only if both partners agree

• At any time by either of the two parties

• Only if one of the partners die

What is the definition of Gifting according to the text?

• Handing over the ownership of property for compensation

• Handing over the ownership of property for no compensation

• Selling property to someone during the giver's lifetime

• Donating a property after the giver's death

What does the Quran say about giving presents?

• It is forbidden

• It is not encouraged

• It is discouraged

• It is recommended

What are the pillars of Hibah according to the text?

• Wahib, Mawhub, Sighah, Hibah

• Wahib, Mawhub Lahu, Mawhub, Sighah

• Wahib, Mawhub, Hibah, Sighah

• Wahib, Mawhub, Sighah, Mawhub Lahu

What are the conditions for Mawhub Lahu (receiver) of a gift?

• Gift to minor or unsound mind is valid, gift made to minor or insane person is accepted by their guardians

• Ability to accept the gift

• Taking possession of the Mawhub

• All of the above

When does the delivery of hibah completes according to the text?

• All of the above

• Acceptance of the gift by the receiver

• By the manifestation of the wish to give on the part of the donor

• Taking possession of the subject-matter of the gift by the receiver