WorksheetsIslamic Economics (ECO2063)
Total questions: 10
Worksheet time: 5mins
Dividing things into parts and distributing them in a certain ways is refers to ______________.
Distribution
Allocation
Production
Consumption
Muslim producer is encouraged to produce _______, which is the goods and services needed to remove hardship of the consumers.
tarafiyyat
hajiyyat
dharuriyyat
tahsiniyyat
The factors for constraint decision making are as follows EXCEPT ___________.
community
divine rules
laws and regulation by the government
worker's union
The baskets of goods and services is giving out for the needy as means for __________________.
guaranteeing basic needs
moderating income for everyone
eliminating extreme inequalities
distributing wealth equitably
Which of the following redistributive mechanism affirms that Allah is the absolute owner of all property?
Manihah
Hibah
Fara'id
Wasiyyah
The producers have to ensure all the following EXCEPT ______.
the right consumers to buy the products
the right products are being produced
the right methods are being adopted
the rights prices are being charged
The primary objective of production in Islamic economics is to improve material and spiritual conditions of the people this world only
True
False
The contract of sales between producer and consumer is valid even without mutual consent.
true
false
The use of capital intensive and labor intensive methods in production is very recommended in ES-i
true
false
Muzara'ah contract does not require sharing of the output produced from the land between the owner and farmer.
true
flase
