wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

Pretest Fundamentals of Islamic Banking

Total questions: 10

Worksheet time: 8mins

Name
Class
Date
1.

Islam is a spiritual religion. Thus, Finance has no place in Islamic system and Muslim are encouraged to stay poor.

a)

true

b)

false

2.

Agency (Wakala) is a Unilateral contract

a)

true

b)

false

3.

Islamic Fiqh Academy has nothing to do with Islamic Finance.

a)

True

b)

False

4.

The five Necessities which are preserved and protected as the main role of Islamic Shari’a, is considered luxurious.

a)

True

b)

False

5.

SSB provides determinative guidance (Standards) on Islamic Law related to Finance.

a)

True

b)

False

6.

All transactions are permissible except those which include Riba and Gharar

a)

True

b)

False

7.

Islamic system balances the Islamic Society through Zakah principles.

a)

True

b)

False

8.

Commodity Riba limited to 6 kinds in prophet period..

a)

True

b)

False

9.

Any educated person could practice Ijtihad (diligent judgment) as it required reasoning and logic.

a)

True

b)

False

10.

Combination of Money exchange & money transfer is prohibited.

a)

True

b)

False