Fiqh MCQs

Investments and Capital Markets in Islamic Law MCQs

The following are Investments and Capital Markets in Islamic Law MCQs with answers related to Islamic Studies. We have arranged the most important and repeated MCQs in all the competitive examinations. The students can clear their concepts for Investments and Capital Markets in Islamic Law MCQs online quiz by attempting these.

Investments and Capital Markets in Islamic Law Online MCQs with Answers

What’s the Islamic term for investment or financial activity that complies with Shariah principles?
A) Halal
B) Riba
C) Haram
D) Interest

Answer
A

In Islamic finance, what’s the term for the purchase and sale of goods or assets with deferred payment?
A) Ijarah
B) Murabaha
C) Musharakah
D) Istisna’a

Answer
B

Which concept in Islamic finance refers to profit and loss sharing between parties?
A) Qard
B) Gharar
C) Riba
D) Musharakah

Answer
D

What’s the Islamic term for the process of certifying that a financial product or service complies with Shariah principles?
A) Tawarruq
B) Ijarah
C) Fatwa
D) Riba

Answer
C

In Islamic finance, what’s the term for a partnership where both parties contribute capital, and profits and losses are shared?
A) Mudarabah
B) Murabaha
C) Istisna’a
D) Ijarah

Answer
A

Which principle in Islamic finance emphasizes transparency, fairness, and avoiding excessive uncertainty?
A) Gharar
B) Riba
C) Tawarruq
D) Amanah

Answer
A

In Islamic finance, what’s the term for the sale of a commodity at a price higher than its cost with immediate payment?
A) Tawarruq
B) Istisna’a
C) Mudarabah
D) Murabaha

Answer
D

What’s the Islamic term for the process of purchasing an asset on behalf of a client and selling it back at a higher price?
A) Tawarruq
B) Istisna’a
C) Ijarah
D) Gharar

Answer
A

Which Islamic principle prohibits the payment and acceptance of interest?
A) Riba
B) Qard
C) Gharar
D) Tawarruq

Answer
A

In Islamic finance, what’s the term for the leasing of assets or property for a specified period?
A) Ijarah
B) Istisna’a
C) Mudarabah
D) Murabaha

Answer
A

What’s the Islamic term for a financial transaction involving the provision of loans without any interest?
A) Qard
B) Riba
C) Gharar
D) Istisna’a

Answer
A

In Islamic finance, what’s the term for the sale of goods or assets with immediate delivery and deferred payment?
A) Tawarruq
B) Ijarah
C) Mudarabah
D) Istisna’a

Answer
D

What’s the Islamic term for the process of buying an asset and selling it to another party at a higher price with deferred payment?
A) Gharar
B) Tawarruq
C) Ijarah
D) Qard

Answer
B

In Islamic finance, what’s the term for a contract that involves an agreement to sell a product that is not yet in existence?
A) Ijarah
B) Istisna’a
C) Murabaha
D) Musharakah

Answer
B

What’s the Islamic term for the process of sharing profits and losses between parties in a business venture?
A) Riba
B) Musharakah
C) Qard
D) Gharar

Answer
B

In Islamic finance, what’s the term for the sale of an asset with immediate payment and deferred delivery?
A) Ijarah
B) Istisna’a
C) Mudarabah
D) Murabaha

Answer
B

What’s the Islamic term for the act of lending money without any interest?
A) Gharar
B) Qard
C) Tawarruq
D) Riba

Answer
B

In Islamic finance, what’s the term for a contract that involves the sale of a specific product with an agreed profit margin?
A) Ijarah
B) Mudarabah
C) Musharakah
D) Murabaha

Answer
D

What’s the Islamic term for the concept of excessive uncertainty or ambiguity in a contract?
A) Tawarruq
B) Gharar
C) Istisna’a
D) Qard

Answer
B

In Islamic finance, what’s the term for the practice of buying and selling commodities for immediate delivery?
A) Ijarah
B) Istisna’a
C) Murabaha
D) Tawarruq

Answer
D

What’s the Islamic term for the process of providing capital to a business venture and sharing the profits or losses?
A) Gharar
B) Riba
C) Musharakah
D) Qard

Answer
C

In Islamic finance, what’s the term for a contract that involves the sale of a specific product with an agreed profit margin and deferred payment?
A) Tawarruq
B) Mudarabah
C) Musharakah
D) Murabaha

Answer
D

What’s the Islamic term for the concept of usury or unjust enrichment through interest-based transactions?
A) Riba
B) Gharar
C) Qard
D) Musharakah

Answer
A

In Islamic finance, what’s the term for a partnership where both parties contribute capital and share profits and losses?
A) Mudarabah
B) Murabaha
C) Istisna’a
D) Ijarah

Answer
A

What’s the Islamic term for the process of purchasing a commodity with the intention of selling it immediately at a higher price?
A) Gharar
B) Riba
C) Tawarruq
D) Istisna’a

Answer
C

In Islamic finance, what’s the term for the sale of goods or assets with deferred payment?
A) Ijarah
B) Musharakah
C) Murabaha
D) Tawarruq

Answer
C

What’s the Islamic term for the concept of excessive risk or uncertainty in a contract?
A) Gharar
B) Tawarruq
C) Riba
D) Qard

Answer
A

In Islamic finance, what’s the term for the practice of buying an asset and selling it immediately at a higher price?
A) Istisna’a
B) Tawarruq
C) Ijarah
D) Murabaha

Answer
B

What’s the Islamic term for the practice of investing in a business venture and sharing the profits but not the losses?
A) Musharakah
B) Riba
C) Gharar
D) Istisna’a

Answer
A

In Islamic finance, what’s the term for a contract that involves the sale of a specific product with deferred payment?
A) Tawarruq
B) Murabaha
C) Istisna’a
D) Ijarah

Answer
B

What’s the Islamic term for the concept of unjust enrichment through interest-based transactions?
A) Riba
B) Qard
C) Gharar
D) Musharakah

Answer
A

In Islamic finance, what’s the term for a contract that involves the sale of goods with immediate payment and deferred delivery?
A) Tawarruq
B) Ijarah
C) Istisna’a
D) Murabaha

Answer
C

What’s the Islamic term for the practice of lending money without charging interest?
A) Gharar
B) Riba
C) Qard
D) Musharakah

Answer
C

In Islamic finance, what’s the term for a contract that involves the sale of goods with immediate delivery and deferred payment?
A) Ijarah
B) Murabaha
C) Istisna’a
D) Musharakah

Answer
B

What’s the Islamic term for the process of providing a loan to someone without any interest?
A) Qard
B) Riba
C) Gharar
D) Tawarruq

Answer
A

In Islamic finance, what’s the term for the practice of purchasing an asset and immediately reselling it at a higher price?
A) Istisna’a
B) Tawarruq
C) Murabaha
D) Ijarah

Answer
B

What’s the Islamic term for the concept of excessive uncertainty in a contract?
A) Gharar
B) Riba
C) Qard
D) Istisna’a

Answer
A

In Islamic finance, what’s the term for the sale of goods or assets with immediate payment and deferred delivery?
A) Ijarah
B) Musharakah
C) Istisna’a
D) Murabaha

Answer
C

What’s the Islamic term for the practice of lending money without any interest?
A) Qard
B) Riba
C) Gharar
D) Tawarruq

Answer
A

In Islamic finance, what’s the term for the sale of goods with deferred payment?
A) Ijarah
B) Istisna’a
C) Musharakah
D) Murabaha

Answer
D

What’s the Islamic term for the concept of excessive risk in a contract?
A) Gharar
B) Qard
C) Riba
D) Musharakah

Answer
A

In Islamic finance, what’s the term for the practice of purchasing a commodity and selling it at a higher price with immediate payment?
A) Tawarruq
B) Istisna’a
C) Murabaha
D) Ijarah

Answer
C

What’s the Islamic term for the process of lending money without any interest?
A) Qard
B) Riba
C) Gharar
D) Musharakah

Answer
A

In Islamic finance, what’s the term for the sale of goods or assets with immediate delivery and deferred payment?
A) Ijarah
B) Tawarruq
C) Istisna’a
D) Murabaha

Answer
D

What’s the Islamic term for the concept of excessive uncertainty in a contract?
A) Gharar
B) Riba
C) Qard
D) Musharakah

Answer
A

In Islamic finance, what’s the term for the practice of buying an asset and selling it immediately at a higher price?
A) Istisna’a
B) Tawarruq
C) Ijarah
D) Musharakah

Answer
B

What’s the Islamic term for the process of providing capital to a business venture and sharing the profits but not the losses?
A) Riba
B) Qard
C) Musharakah
D) Tawarruq

Answer
C

In Islamic finance, what’s the term for the sale of goods or assets with immediate delivery and deferred payment?
A) Ijarah
B) Tawarruq
C) Istisna’a
D) Murabaha

Answer
D

What’s the Islamic term for the concept of unjust enrichment through interest-based transactions?
A) Riba
B) Gharar
C) Qard
D) Musharakah

Answer
A

In Islamic finance, what’s the term for the practice of lending money without charging interest?
A) Qard
B) Riba
C) Gharar
D) Musharakah

Answer
A

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