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PIF2013 CHAPTER 6

Total questions: 12

Worksheet time: 7mins

Name
Class
Date
1.

Namakan nabi yang membina bahtera?

(a)  

2.

Who manage Islamic Fund?

a)

Banker

b)

Islamic fund manager

c)

Investor

d)

Remisier

3.

Which of the following is not shariah fund?

a)

Equity Fund

b)

Islamic Index fund

c)

Islamic Unit Trust Fund

d)

Sukuk Fund

4.

Which of the following is not characteristic of Islamic Fund?

a)

Not Invest in Riba' based activities

b)

Not Involve in games and gambing activities

c)

Deal in stockbroking and shares trading in general market

d)

Not deal with any activities that not permissible according to shariah

5.

The fund that can track a specified basket of underlying investments is known as __________

a)

Index fund

b)

Hedge funds

c)

REITs

d)

Derivatives fund

6.

Which of the following is not the principle of Islamic Fund management?

a)

Men is the sole owner of wealth

b)

Materiality and validity of transaction

c)

Mutually of risk sharing

d)

Value based investment

7.

Define open ended mutual fund

a)

Unlimited funds subscriptions

b)

Limited funds subscription

c)

Agreement between two parties

d)

Open to local communities

8.

Equity fund also known as ______

a)

Bond fund

b)

Stock fund

c)

Sukuk fund

d)

Derivatives fund

9.

Which of the following is not fund management company?

a)

ETF (Equity Trade Funds)

b)

Unit Trust

c)

REITS (real estate Investment trust)

d)

Sukuk fund

10.

Contractual relationship that involve in Islamic Fund Management are ______

a)

Ijarah, mudharabah

b)

Mudharabah, wakalah

c)

Mudharabah, murabahah

d)

Mudharabah, Istisna'

11.

Which of the following is not submarket under bursa Malaysia

a)

Main Board

b)

Second board

c)

Mesdaq

d)

Index

12.

Which of the following is the way to cleansing non permissible income based on market practice

a)

Housing purification

b)

Blanket purification

c)

Debt purification

d)

Overall purification