
Quiz on Islamic Fintech

Quiz
•
Business
•
University
•
Medium
Miza Akhmadullaeva
Used 1+ times
FREE Resource
18 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does Islamic fintech primarily aim to do?
Deliver financial services in accordance with Islamic principles
Promote interest-based lending
Facilitate excessive uncertainty
Encourage speculative transactions
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a principle of Islamic finance?
Prohibition of interest (riba)
Linking financial dealings to real economic activity
Avoidance of excessive uncertainty (gharar)
Encouragement of gambling (maysir)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the key services offered by Islamic fintech?
High-risk investments
Conventional insurance
Shariah-compliant digital banking
Interest-based loans
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Islamic fintech contribute to financial inclusion?
By offering high-interest loans
By providing Shariah-compliant alternatives
By promoting speculative investments
By limiting access to financial services
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which demographic is particularly attracted to Islamic fintech?
Retired individuals
Non-Muslim investors
Tech-savvy youth
Older generations
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the estimated global value of the Islamic finance industry?
Over $3 trillion
Over $4 trillion
Over $1 trillion
Over $2 trillion
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following platforms is an example of crowdfunding in Islamic fintech?
Indiegogo
Kickstarter
GoFundMe
Ethis
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