Quiz BBA

Ali sell his car to Abu with deferred payment. Abu sell back the car to Ali by cash. What is the Syariah concept used?

• Bai' Musyarakah

• Bai' Murabahah

• Bai' Bithaman Ajil (BBA)/Inah

• Bai' Tawarruq

• All of above

Bai' Bithaman Ajil can be define as ..............

• a contract for the hiring of persons or renting/leasing of the services or the usufruct of a property, generally for a fixed price and period

• type of partnerships for profit which is structured so that one partner provides capital and the other provides labor and expertise

• a contract of agency or delegated authority pursuant to which the principal (muwakkil) appoints an agent (wakeel) to carry out a specific task on its behalf

• a trade deal in which the seller allows the buyer to pay the price of a commodity at a future date in lump sum or installments

The following item is NOT the pilllars of BBA

• Seller

• Merchandise

• Duration

• Buyer

Bai' Bithaman Ajil (BBA) contract can use for home and hire purchase financing

• True

• False

Bai' Bithaman Ajil merujuk kepada jualan harta secara harga tunai

• Salah

• Betul

,"Encil Zulkifli membeli sebuah kereta dengan harga RM 80,000 termasuk keuntungannya, manakala bayaran penuhnya diansurkan selama 72 bulan. Encik Zulkifli perlu membayar harga kereta tersebut dengan harga yang dipersetujui hingga tamat tempoh bayaran"

Pernyataan diatas adalah merujuk kepada

• Bai' Murabahah

• Bai' Musyarakah

• Wakalah

• Bai' Bithaman Ajil

Below are the difference between murabahah and BBA EXCEPT

• Customer may not to purchase while customer obliged to purchase

• Both are trade financing (sale at mark up)

• Murabahah obliged disclose the mark up and BBA is not

• Murabahah contract executed at 2 different times while BBA involved 2 contract executed at the same time

The following item is the condition of buyer EXCEPT

• Baligh

• Intelligent

• Aqil

• Bankrupt

Tempoh pembayaran BBA tidak boleh melebihi 30 tahun

• Betul

• Salah

Bai' Bithaman Ajil diharuskan oleh Syariah kerana ia tidak melibatkan unsur riba', gharar dan maisir

• Salah

• Betul