WorksheetsChapter 1 (Islamic Worldview Of Wealth Management)
Total questions: 11
Worksheet time: 6mins
As a Muslim, we should practice Islam only in ibadah matters.
True
False
The duty of man as ................. is to make use of all the blessings of Allah on earth to his own benefit and others.
Khalifatullah
Leader
Prophet
Angel
Allah blesses his bounty on those who earn and spend it in compliance with his covenants.
True
False
A man has ‘right of property’ over the things he exploits, but this right is not absolute, arbitrary or boundless.
True
False
These are the concepts of wealth from Islamic perspective EXCEPT:
Whatever wealth man possesses has been received from Allah.
Man has to use the wealth in such a way that his ultimate purpose should be in the world only.
Exploitation of wealth by man must necessarily be subject to the commandments of Allah.
Wealth should not be spent in forbidden ways that are likely to produce disorder on the earth.
These are the following phases related to wealth EXCEPT:
Wealth Creation
Wealth Accumulation
Wealth Protection
Wealth Laundering
In Shariah, spending does not mean lavish and extravagant living, but to put money and wealth in their proper places.
True
False
One of the important thing in financial planning is..............
Saving
Expensive thing
Miserly/Stingy
When the assets reach a certain level, Muslim have to pay ........... a way of purification.
Tax
Zakat
Sadaqah
Hibah
Financial planning will help muslims manage their wealth wisely and keep alert on their responbility to pay zakat and debt.
True
False
Explain what do you know about financial planning?
