
FINAL QUIZ
Authored by SARAH SARUCHI
Fun
1st Grade
Used 30+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which element is TOLERATED in Islam?
Ghurm (Risk)
Gharar Fahish
Interest
Game of chance
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
X is the first Islamic bank in Malaysia that was established in 1983. What is X?
Tabung Haji
Bank Islam
Mit Ghamr
Bank Muamalat
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The main regulator of Islamic capital market in Malaysia is...
Securities Commission
Shariah Advisory Council
Bank Negara Malaysia
Shariah Committee
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which contracts are not suitable for Islamic banking financing products?
Ijarah
Qard
Bai'
Tawarruq
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Shariah Advisory Council of Securities Commission will update the list of shariah-compliant securities on...
May and November
January and December
February and November
June and December
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT TRUE about asset-based sukuk?
Debt-like structures
True sale does not occur, ownership merely “on paper”
In event of default, Sukuk holders have recourse to specific assets
The majority of Sukuk on issuance today are of this category
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT the distinct feature of takaful?
Risk-sharing concept
Based on buy and sale contract
There is no element of riba, maysir and gharar
Shariah board needs to be established
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