TOPIC 12: GOLD

Froggy Jumps

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BY GROUP 6

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WAN DALILA AKMAL WAN SUKIMAN

Malaysia

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TOPIC 12: GOLD


Froggy Jumps TOPIC 12: GOLDVersion en ligne BY GROUP 6 par WAN DALILA AKMAL WAN SUKIMAN 1 Gold is not only used for jewellery or ornament, it also used in: a Process of coins as form as currency in trade and commerce b For cryptocurrency uses c For old money collector uses 2 Why does gold is matter in investment ? a Because inflation will never happens b Because many asset will lose valu over time c Because of the need to follow the trend of enviroment 3 Which statement BEST describes a Gold Investment Account (GIA)? a It is mainly used for long-term savings with minimal transactions b It focuses on active gold investment and potential price appreciation c It offers fixed interest returns on gold deposits 4 Which type of account is MOST suitable for individuals who want to preserve wealth by saving gold gradually over time? a Gold Savings Account (GSA) b Gold Investment Account (GIA) c Current Account 5 A Gold Exchange-Traded Fund (ETF) is an investment fund that aims to track the price movement of gold in the market. a TRUE b FALSE c UNSURE 6 From a Shariah perspective, a Gold ETF is permissible simply because its price follows the value of gold a TRUE b FALSE c UNSURE 7 How are Shariah-compliant Gold ETF transactions carried out? a With a delay of several days b According to the price of gold in the overseas market c In cash and immediately (spot) 8 What are the options for investors when redeeming Shariah-compliant Gold ETF units? a Physical gold or cash equivalent b Cash only c Shares of gold companies 9 What is the main feature of Gold ETA? a Gold is paid later but delivered immediately b Gold is bought at today’s price with delivery at a future date c Gold is traded without physical delivery 10 Which Shariah concern is MOST associated with Gold ETA? a Zakat payment b Halal certification c Deferred ownership and possession (ta’khir al-qabd) 11 What is meant by an account in a financial context? a Physical gold reserves b Records of financial transactions such as receipts and payments of money c Investment agreements 12 According to the National Fatwa Muzakarah, gold buying and selling transactions must be free from all of the following elements EXCEPT: a Interest b Uncertainty c Profit 13 What are the main effects of a legal gold transfer in Islam? a Transfer of responsibility (dhaman) from seller to buyer b The price of gold becomes fixed c Reduction of zakat

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TOPIC 12: GOLD

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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TOPIC 12: GOLDVersion en ligne

par WAN DALILA AKMAL WAN SUKIMAN

Gold is not only used for jewellery or ornament, it also used in:

Why does gold is matter in investment ?

Which statement BEST describes a Gold Investment Account (GIA)?

Which type of account is MOST suitable for individuals who want to preserve wealth by saving gold gradually over time?

A Gold Exchange-Traded Fund (ETF) is an investment fund that aims to track the price movement of gold in the market.

From a Shariah perspective, a Gold ETF is permissible simply because its price follows the value of gold

How are Shariah-compliant Gold ETF transactions carried out?

What are the options for investors when redeeming Shariah-compliant Gold ETF units?

What is the main feature of Gold ETA?

Which Shariah concern is MOST associated with Gold ETA?

What is meant by an account in a financial context?

According to the National Fatwa Muzakarah, gold buying and selling transactions must be free from all of the following elements EXCEPT:

What are the main effects of a legal gold transfer in Islam?