Summative Test International Sharia Finance Development Program

What are the financing products offered by BMT Beringharjo?

• Wadiah and Mudarabah

• Musyarakah, Murabahah, and Ijarah

• Qardh and Wakalah

• Ijarah, Takaful, and Wakaf

Which of the following is a core principle of effective zakat management?

• Maximizing shareholder dividends

• Investing zakat in interest-bearing accounts

• Ensuring transparent collection and fair distribution

• Charging service fees for zakat disbursement

What is the function of BringPAZ?

• Fundraising and zakat collection

• Payroll management system

• Mobile banking for balance and payment information

• Loan disbursement platform

What best describes a Mudarabah contract?

• Leasing agreement between two parties

• partnership where both parties contribute capital

• profit-sharing agreement where one party provides capital and the other provides expertise

• fixed-income loan for business expansion

Non-financial risks include all EXCEPT:

• Reputation risk

• Market risk

• Strategic risk

• Operational risk

What can cause operational risk?

• Diversified investments

• Ineffective internal processes

• High customer retention

• Increasing profit margin

In a Musyarakah contract, both parties typically:

• Lease an asset for profit

• Enter into a seller-buyer agreement

• Share capital and profit/loss proportionally

• Pay interest on borrowed funds

Which of the following is a component of financial risk?

• Reputational risk

• Strategic planning

• Liquidity risk

• Regulatory compliance

What is Takaful based on?

• Interest rate protection

• Mutual guarantee among participants

• Centralized government subsidy

• Fixed profit-sharing

Which of the following is TRUE about Mudarabah in Islamic finance?

• The investor guarantees a fixed return

• Losses are shared based on the capital ratio

• The entrepreneur contributes all capital

• It allows charging interest on capital