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WorksheetsQuiz on Islamic Banking and Finance
Total questions: 6
Worksheet time: 3mins
Name
Class
Date
1.
What does Sharia-compliant finance prohibit?
a)
Investing in technology companies
b)
Paying or charging interest
c)
Investing in real estate
d)
Trading in commodities
2.
Which of the following is a mode of Islamic finance?
a)
Credit default swaps
b)
Hedging
c)
Mudarabah
d)
Short selling
3.
What is the term for the prohibition of usury in Islamic finance?
a)
Maisir
b)
Gharar
c)
Zakat
d)
Riba
4.
Which country is noted for having a significant number of Islamic banks?
a)
Brazil
b)
Germany
c)
United States
d)
Malaysia
5.
What is the primary purpose of Islamic banking?
a)
Profit generation at any cost
b)
Maximization of shareholder wealth
c)
Risk sharing and ethical investment
d)
Minimizing operational costs
6.
What type of the banking
a)
Islam
b)
Modern
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