Top 50+ Solved Islamic Banking Products MCQ Questions Answer

a. money payment

b. gift

c. investment

d. deposit

a. not delivered until payment is made

b. taxed before delivery

c. purchased for delivery in future

d. delivered for payment later

a. finance

b. guarantee

c. purchase

d. bargain

a. encourage wasteful expenditure

b. administer land revenue

c. postpone debt repayment

d. enhance equality and fairness in financial dealings for the good of society as whole

a. land and possessions

b. objectives of shari'ah.

c. terms of a valid sale contract

d. a contract of sale which is binding