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WorksheetsIIFO 2025 - QUIZ ROUND 2
Total questions: 15
Worksheet time: 11mins
Faiz wants to create an ethical fintech app based on Shariah. He reads about a modern scholar known for defining maqasid al-shariah in finance.
Who is this influential figure?
Sheikh Taqi Usmani
Ustaz Zaharuddin Abd Rahman
Dr. Jasser Auda
Dr. Mohd Daud Bakar
Amir is playing a strategy game where he needs to conquer Constantinople. He studies a young Ottoman sultan who achieved this at just 21!
Who was this remarkable conqueror?
Bayezid I
Selim I
Mehmed II
Suleiman I
Zayd's team chooses to present a classical Muslim scholar whose book "Kitab al-Kharaj" dealt with taxation and governance.
Who was the author?
Al-Mawardi
Abu Yusuf
Ibn Taimiyyah
Al-Ghazali
Rafiq is reading about Shariah auditing. He learns about a Malaysian scholar who promotes check-and-balance mechanisms in NGOs and finance.
Who is this governance expert?
Prof. Dr. Engku Rabiah
Prof. Dr. Zurina Shafii
Prof. Dr. Aznan Hasan
Dr. Rusni Hassan
Khalid is researching a caliph known for walking the streets at night to check on his people and living simply despite being a ruler.
Who is this legendary Muslim leader?
Abu Bakr
Umar ibn al-Khattab
Uthman ibn Affan
Harun al-Rashid
Fatima invests money in a business where profits are shared.
What is the name of this contract?
Musharakah
Mudarabah
Murabahah
Wakalah
Layla wants to buy goods today for delivery in the future.
Which contract allows payment now and delivery later?
Bay’
Salam'
Istisna’
Mudarabah
Ahmad needs to commission manufacturing goods with payment on delivery.
Which contract is used?
Ijarah
Istisna’
Musharakah
Wakalah
Sofia wants to guarantee a loan for her friend.
Which Shariah contract describes this?
Wakalah
Kafalah
Salam
Istisna’
Yusuf wants to lease a property according to Shariah.
Which contract applies here?
Ijarah
Bai’ Salam
Istisna’
Kafalah
Mariam and Zayd invest together and share profit and loss according to the profit sharing ratio.
What contract do they use?
Mudarabah
Musharakah
Murabahah
Kafalah
Tariq is confused about whether a new financial product is halal. His ustaz tells him to check with the Shariah authority under Majlis Ulama Indonesia that issues fatwas for Islamic finance.
Which institution is this?
Baznas
DSN-MUI
LPS
IFII
Zeynep wants to open a bank account in Türkiye that avoids interest (riba) and follows Islamic principles.
Which type of bank should she go to?
Conventional bank
Participation bank
Investment bank
Central bank
Which madhhab’s rulings are most often referenced by Islamic finance standard-setting bodies like AAOIFI and IFSB?
Shafi’i
Hanafi
Zahiri
Hanbali
Areeba is preparing for a debate on who regulates Islamic finance in Pakistan.
Which authority is the key regulator of Islamic banking?
Ministry of Finance
Securities & Exchange Commission of Pakistan (SECP)
State Bank of Pakistan (SBP)
Federal Shariah Court
