Understanding Islamic Financial Contracts

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FIN546

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nur khairuna

Malaysia

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Understanding Islamic Financial Contracts


Froggy Jumps Understanding Islamic Financial ContractsVersion en ligne FIN546 par nur khairuna 1 What type of primary sources of islamic finance? a the holy Al-Quran & sunnah b murabahah c tawarruq 2 In islamic finance, we need avoid from a riba, gharar & maysir b musharakah c bai bithaman ajil 3 Which of the following is NOT allowed in Bay Al-Salam ? a Standardized commodities b Uncertain quantity of goods c payment for business service 4 What a correct definition of gharar? a additional charge or interest imposed on a loan that is prohibited in Islam b profit sharing sales c uncertainty or ambiguity in a contract 5 In Bay Al-Salam, the goods must be a unique artwork only b clearly described in quantity and quality c capital provider & entrepreneur 6 Tawarruq means? a forward sale with full advance payment b buying a commodity on deferred payment and selling it to a third party for cash c exchange must be hand-to-hand 7 What are the three main elements of a Shariah contract ? a seller, buyer and contract b form of contract, subject matter of contract and contracting parties c riba, masyir and gharar 8 Bai Al- Istisna' is a contract for a manufacturing or construction by order b debt settlement c currency notes 9 Literal meaning of ijarah is a payment must be spot only b buying a commodity on deferred payment and selling it to a third party for cash c reward given for service rendered 10 Murabahah known as a charity partnership b mark-up sale c manufacturing sale

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Understanding Islamic Financial Contracts

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Understanding Islamic Financial ContractsVersion en ligne

par nur khairuna

What type of primary sources of islamic finance?

In islamic finance, we need avoid from

Which of the following is NOT allowed in Bay Al-Salam ?

What a correct definition of gharar?

In Bay Al-Salam, the goods must be

Tawarruq means?

What are the three main elements of a Shariah contract ?

Bai Al- Istisna' is a contract for

Literal meaning of ijarah is

Murabahah known as