
Ijarah Financing
Authored by Afiqah Soleha
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University
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15 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 4 pts
What does the term "Ijarah" literally mean?
To sell an asset
To give something on rent
To transfer ownership
To provide a loan
2.
MULTIPLE CHOICE QUESTION
1 min • 4 pts
In Ijarah financing, who is the lessor?
The customer
The bank
The supplier
The legal advisor
3.
MULTIPLE CHOICE QUESTION
1 min • 4 pts
What is the core principle of Ijarah financing?
The immediate transfer of ownership
The transfer of usufruct in exchange for rent
The sale of assets for profit
The provision of interest-based loans
4.
MULTIPLE CHOICE QUESTION
1 min • 4 pts
Which of the following is NOT a type of Ijarah contract?
Operating ijarah
Ijarah Thumma Al-Bay (AITAB)
Ijarah Muntahia Bittamleek
Murabaha
5.
MULTIPLE CHOICE QUESTION
1 min • 4 pts
Which type of Ijarah contract does NOT transfer ownership of the asset to the lessee?
Operating Ijarah
Ijarah Muntahia Bittamleek
AITAB
All of the above
6.
MULTIPLE CHOICE QUESTION
1 min • 4 pts
What is a common use for Ijarah Muntahia Bittamleek contracts?
Financing of airplanes
Financing of vehicles
Financing of industrial equipment
Financing of agricultural machinery
7.
MULTIPLE CHOICE QUESTION
1 min • 4 pts
In Ijarah Muntahia Bittamleek, how can ownership be transferred at the end of the lease?
By way of gift
Token price
Equivalent price
All of the above
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