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Equity markets & shariah screening

Total questions: 9

Worksheet time: 6mins

Name
Class
Date
1.

What is the equity market?

a)

A. A platform for trading ownership shares in listed companies

b)

B. A place for depositing savings

c)

C. A system for trading government bonds only

2.

Which of the following belongs to the secondary market

a)

A. IPO (Initial Public Offering)

b)

B. Private placement

c)

C. Buying and selling of existing shares among investors

3.

Which is a key difference between Islamic and conventional equity markets?

a)

A. Islamic market prohibits activities involving riba (interest)

b)

B. Conventional market avoids all non-halal businesses

c)

C. Islamic market does not allow stock ownership at all

4.

Which of the following activities would make a stock non-compliant in Islamic equity markets?

a)

A. Business related to gambling

b)

C. Business related to halal food

c)

B. Business related to alcohol

5.

Which of the following is a characteristic of Islamic ETFs?

a)

A. Based on Shariah-compliant screening

b)

B. Includes prohibited sectors like gambling and alcohol

c)

C. Tracks an index made of Shariah-approved companies

6.

Which of the following is a challenge in Shariah screening mentioned in the slide?

a)

Lack of adaptation to new business models

b)

Companies always remain compliant

c)

Continuous monitoring of company activities

7.

Why is Shariah screening important?

a)

B. Guarantees that all companies make profit

b)

A. Ensures investments are free from haram activities

c)

C. Protects Muslim investors from unethical sectors

8.

Which criteria are included in Shariah screening?

a)

C. Stock price movement

b)

A. Sector screening

c)

D. Liquidity of shares

d)

B. Financial ratio screening

9.

Islamic ETFs are designed to:

a)

A. Provide halal investment opportunities

b)

B. Track the performance of Shariah-compliant stocks

c)

C. Maximize profit without considering ethical rules