Quiz on Islamic Fintech

Quiz on Islamic Fintech

University

18 Qs

quiz-placeholder

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Quiz on Islamic Fintech

Quiz on Islamic Fintech

Assessment

Quiz

Business

University

Medium

Created by

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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