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WorksheetsISLAMIC FINANCE SYSTEM
Total questions: 14
Worksheet time: 28mins
What is the meaning of Riba
Uncertainty
Gambling
Ownership
Exploitation
WHAT ARE PROHIBITION OF SHARIAH
ZAKAT
RIBA
LOANS
INTEREST RATE
Which contract's structure is a rental based?
Murabaha
Musharaka
Ijarah
Mudaraba
In which contract the relationship between Islamic bank and customer is accepted as Lessee & Lessor
Mudaraba
Wakala
Ijarah
Murabaha
A "sukuk" is basically a Shariah-compliant
loan
profit
bank cheque
investment certificate
"Takaful" is basically a Shariah - compliant
loan
insurance
investment
ownership
A type of partnership where one party offers funds while other gives expertise and management is
Murabaha
Musharaka
Ijarah
Mudaraba
The Islamic financial system prohibits transaction featuring
Extreme uncertainties resulting from speculation and gambling
Sharing of profit and risk of loss
Partnership agreements
Trading for profit
Are Islamic banking products for Muslims only
For Muslims and those non-Muslims who are allowed by Shariah scholars
No
Yes
For muslims and those who convert to muslims
Identify Islamic Bank from the list below
CIMB Bank
RHB Bank
Tabung Haji
Bank Islam Berhad
what is the first islamic financial institution in malaysia
tabung haji
bank islam
takaful ikhlas
bank rakyat
Gharar means uncertainty.
True
False
All products of Islamic banks need to get the approval from Shariah Advisory Council of BNM
True
False
Which are two types of common Islamic capital market product?
Sukuk
Mutual Fund
Bitcoin
