NEW
Font size
WorksheetsIslamic banking
Total questions: 15
Worksheet time: 8mins
“Those who eat Riba (usury) will not stand (on the Day of Resurrection) except like the standing of a person beaten by Shaitan (Satan) leading him to insanity. That is because they say: "Trading is only like Riba (usury)," whereas Allah has permitted trading and forbidden Riba (usury)…”
Find name of Surah and number of Ayat
Qur’an, Al Baqarah: 275
Qur’an, Al Fatiha: 2
Qur’an, Al Baqarah: 285
Qur’an, Al Moida: 275
When you sale a debt and earn money, your profit is ...
Halal
Income
Trade
Usury (Interest)
When you sale a commodity and earn profit, your surplus is....
Permissible
Prohibited
Usury
Interest rate
To what people are encouraged in Islamic finance?
entrepreneurship
mutual cooperation
generosity and spirit of partnership
All above
In which way you must not generate income?
Selling goods and services
Manufacturing goods
Sale of Usufuct of assets
Usury
Partnership is...
Wakalah
Shirkah
Ujrah
Lease
Wakala is...
Partnership
Ujrah
Sale
Agency
In Islamic banking money must be ...
sold for interest rate
exchanged to gold
converted into something useful
generated profit
Which banking system deal with goods and documents?
Conventional banking
Islamic banking
Credit unions
Traditional banking
In which banking system money is considered a commodity?
Islamic banking
Conventional banking
Central bank
In which banking system profit comes with risk and responsibility?
Investment banking
Islamic banking
Conventional banking
International banking
Which contract's structure is a sale based?
Murabaha
Mudaraba
Ijarah
Wakala
Which contract's structure is a rental based?
Murabaha
Musharaka
Ijarah
Mudaraba
Which contract's structure is an agency based?
Ijarah
Musharakah
Murabaha
Wakala
In which contract the relationship between Islamic bank and customer is accepted as Lessee & Lessor
Mudaraba
Wakala
Ijarah
Murabaha
