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Islamic Banking

Authored by mohamed Cherbi

Social Studies

University

Used 13+ times

Islamic Banking
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11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The first Islamic bank opened more than 1.000 years ago?

True

False

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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

True

False

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

You have to be Muslim to use an Islamic bank?

True

False

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A Shari’ah board must govern the Islamic section of the bank?

True

False

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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

True

False

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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

True

False

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Islamic banks must give part of their profits to help poor people?

True

False

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