Top 50+ Solved Islamic Financial Institutions MCQ Questions Answer
Q. Products of first type may be given to Musharika in capital while second kind of productscannot be a part of capital observation of
a. imam maliki
b. imam hanafi
c. imam shafi
d. imam hanabli
Q. Islamic banking structure is based on
a. risk sharing
b. interest sharing
c. a & b
d. premium sharing
Q. An investor and his customer contribute either in shared possession of an assets or equipment,or in a combined commercial venture is
a. diminishing musharika
b. musharika
c. ijarah
d. salam
Q. A pioneering attempt, in Shariah compliant investments banking was undertaken in 1963 in
a. oman
b. saudia arabia
c. egypt
d. pakistan
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. The term IDB stands for
a. islamic development bond.
b. islamic development bank.
c. islamic derivatives business.
d. islamic document bureau