WorksheetsICEBREAKER FIN546
Total questions: 11
Worksheet time: 6mins
Name
Class
Date
1.
Which principle distinguishes Islamic finance from conventional finance?
a)
Profit sharing
b)
Interest-based lending
c)
Risk sharing
d)
Fixed returns
e)
Pluto
2.
What does the term 'Shariah' refer to?
a)
Islamic law
b)
Financial investment
c)
Profit distribution
d)
Risk management
3.
Which of these is prohibited in Islamic finance?
a)
Interest (Riba)
b)
Equity investment
c)
Profit sharing
d)
Risk management
4.
What motivates you most to study Islamic Finance?
a)
Career opportunities
b)
Interest in ethics
c)
Social impact
d)
Cultural/religious interest
5.
In one word, describe what Islamic Finance means to you.
4 lines
6.
Islamic finance promotes risk (a) between parties.
7.
What does "Halal" mean in Islamic finance?
a)
Permissible
b)
Forbidden
c)
Uncertain
d)
Unimportant
8.
Which Islamic financial instrument is similar to a conventional bond?
a)
Sukuk
b)
Murabaha
c)
Ijarah
d)
Mudarabah
9.
Which profit-sharing mode in Islamic finance involves a partnership where one party provides capital and the other provides expertise?
a)
Mudarabah
b)
Murabaha
c)
Ijarah
d)
Salam
10.
Which Islamic festival marks the end of Ramadan?
a)
Eid al-Fitr
b)
Eid al-Adha
c)
Ramadan
d)
Laylat al-Qadr
11.
What is the primary focus of Islamic finance compared to conventional finance?
a)
Wealth accumulation
b)
Risk sharing
c)
Market speculation
d)
Fixed returns
100 %
