RIBA, GHARAR, MAYSIR

What are the prohibited elements in Islamic Sharia law for financing?

• Gambling, Usury, Fraud

• Usury, Cheating, Theft

• Usury, Gambling, Betting

• Cheating, Usury, Easy money

What is the concept of usury in Islamic law?

• Riba is fraud and deception

• Riba is the prohibition of interest on money

• Riba is gambling and betting

• Riba is theft and fraud

What is the purpose of Islamic law in avoiding usury?

• Encouraging fraud and deception

• Avoiding injustice and civil strife

• Increasing wealth and personal benefit

• Achieving quick riches

What are the types of usury?

• Debt usury and ignorance usury

• Gift usury and ignorance usury

• Gift usury and loan usury

• Debt usury and sales usury

What is Gharar technically?

• Uncertainty or ignorance in a specific contract

• Fraud and deception

• Risk and speculation

• Price manipulation

What are the types of deception?

• The big deception and the small deception

• The small deception and the medium deception

• The big deception and the medium deception

• The big deception and the dangerous deception

What is the negative impact of usury in the economy?

• Benefiting at the expense of others

• Encouraging economic growth

• Promoting trust between parties

• Achieving financial balance

What is the purpose of sharing risks in Islamic businesses and institutions?

• Increase profitability and personal benefit

• Enhance fair distribution of risks and profits

• Encourage fraud and cheating

• Achieve quick wealth

What is the similarity between usury and usury?

• Cooperation for profit

• Winning at the expense of others

• Benefiting at the expense of others

• Fair competition in business

What is the possible outcome of participating in betting and gambling?

• Enhancing trust between parties

• Achieving financial balance

• Collaborating for profit

• Profiting at the expense of loss