Top 50+ Solved Islamic Banking Products MCQ Questions Answer
Q. Sukuk is Arabic name stand for
a. financial liabilities
b. financial certificates
c. financial assets
d. financial loans
Q. A type of partnership where one party offer funds while other gives expertise andmanagement is
a. murabaha
b. musharika
c. ijarah
d. mudarabah
Q. Word Musharika is originated from the
a. latin word
b. arabic word
c. persian word
d. french word
Q. Which is liability side financing out of these means
a. large enterprise financing
b. t-bills and federal investment bonds / debenture
c. inter- bank lending / borrowing
d. b & c
Q. Expression Finance Certificates & Certificate of Investment in Musharika is
a. liability side financing
b. liability
c. assets
d. assets side financing
Q. What is asset side financing out of these means
a. large enterprise financing
b. import financing
c. letter of credit with margin (for musharika)
d. all of answers are correct
Q. Giving share of investor to customer on lease is the
a. basis of musharika
b. basis of diminishing musharika
c. basis of ijarah
d. basis of hibah
Q. An agreement in which advance fee is made for commodities to be delivered afterwardson is
a. murabaha
b. baisalam
c. ijarah
d. b& c
Q. Word Musharika is originated from Arabic word Sharikah meaning
a. friends
b. ijarah
c. lessor
d. partnership
Q. A most ordinary kind of Shirkat-ul-Aqd where equality in capital, management orliability might be identical in one case but not in all respect meaning either profit is equal but not labour or vice versa is
a. shirkat-ul-aqd
b. shirkat-ul-ainan
c. shirkat-ul-dain
d. shirkat-ul-milk
Q. Working capital financing in Musharika is
a. liability side financing
b. asset side financing
c. assets
d. liabilities
Q. Where everyone partner contribute some capital into a commercial venture is
a. partnership in capital
b. shirkat-ul-amwal
c. a & b
d. shirkat-ul-abdan
Q. Investments given by all partners/shareholders known to as
a. partners
b. ijarah
c. murabah
d. takaful
Q. Mutually or equally using an asset by taking twists under conditions where partners orjoint vendors are on superior stipulations is
a. musharikaintifa
b. musharika
c. ijarah
d. hibah