What is the primary distinction between Islamic banking and conventional banking?

• Islamic banking is profit-oriented

• Islamic banking allows interest

• Islamic banking is based on Western principles

• Islamic banking does not allow profit

According to the text, what does the term 'riba' refer to in Islamic finance?

• Profit from investments

• Interest on loans

• Wealth distribution

• Charitable donations

Which of the following is NOT one of the three fundamental pillars of Islam mentioned in the text?

• Syariah

• Aqidah

• Riba

• Akhlaq

What does the term 'fiqh muamalah' refer to in the context of Islamic banking?

• The study of Islamic law

• The study of economic theories

• The study of financial transactions

• The study of religious texts

Which of the following is a type of riba as classified by Islamic scholars?

• Riba Fadhl

• Riba Qardh

• Riba Yad

• All of the above

What is the consequence of engaging in riba according to the Quran?

• Wealth accumulation

• Divine punishment

• Increased prosperity

• Social acceptance

What is the main purpose of prohibiting riba in Islamic finance?

• To ensure economic stability

• To encourage competition

• To promote wealth accumulation

• To prevent wealth concentration

Which verse from the Quran explicitly mentions the prohibition of riba?

• All of the above

• QS. Ali Imron 130

• QS. Al-Baqarah 278-279

• QS. Al-Baqarah 275-276

What is the ruling on studying fiqh muamalah according to the majority of scholars?

• It is obligatory

• It is discouraged

• It is optional

• It is recommended

What does the term 'Aqidah' refer to in Islamic teachings?

• The study of law

• The principles of trade

• The belief in Allah's existence

• The practice of charity