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7_Islamic Banking and Sharia Principles

Authored by Akhmad Arfan

Financial Education

University

Used 1+ times

7_Islamic Banking and Sharia Principles
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20 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the primary source of Islamic economic principles?

Bible

Al-Qur'an

Talmud

Vedas

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is NOT a source of Sharia law?

Al-Qur'an

As-Sunnah

Ijma'

Constitution

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What does the term 'Islam' primarily mean?

Peace

Faith

Charity

Submission

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the classification of 'Wajib' in Islamic law?

Discouraged

Mandatory

Prohibited

Permissible

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is a goal of Sharia?

To promote wealth

To maintain justice

To support individualism

To encourage competition

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the term for the prohibition of interest in Islamic finance?

Sukuk

Zakat

Gharar

Riba

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What does 'Ijma' refer to in Islamic jurisprudence?

Consensus of scholars

Individual opinion

Legal precedents

Religious texts

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