WorksheetsLECTURE QUIZ - VSS 2025 - 𝗣𝗿𝗼𝗳. 𝗗𝗿. 𝗔𝗶𝘀𝘆𝗮𝗵 𝗔𝗯𝗱𝘂𝗹 𝗥𝗮𝗵𝗺𝗮𝗻
Total questions: 5
Worksheet time: 3mins
Name
Class
Date
1.
1. Islamic banks rely on the following two major sources of funds:
a)
transaction deposits and accounts receivables
b)
investment deposit and current accounts
c)
accounts payable and investment accounts
d)
transaction deposits and investment deposits
2.
2. A murabahah transaction is deemed lawful if:
a)
both tangible and non-tangible goods subject to murabahah are lawful, real and have commercial value.
b)
the buyer is aware of the original cost price of the goods and any additional costs incurred in the process of procuring the goods.
c)
the margin of profit is mutually predetermined by the parties at the initial stage of the contract.
d)
all of the above
3.
3. The main channel(s) for the outflow of the funds of Islamic banks include:
a)
musharakah, murabahah and murabahah
b)
ijarah and istisna
c)
bay salam and bay mu’ajjal models
d)
all of the above
4.
4. The istisna’ structure is most suited for following activities except:
a)
project finance
b)
construction
c)
commercial activities of farmers
d)
manufacture and design of machinery for specific purposes
5.
5. A Salam as an exchange-based contract signifies:
a)
manufacture sale
b)
forward sale
c)
mark-up
d)
sale of debt
100 %
