The Power of Crowdfunding for Tomorrow

The Power of Crowdfunding for Tomorrow

University

5 Qs

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The Power of Crowdfunding for Tomorrow

The Power of Crowdfunding for Tomorrow

Assessment

Quiz

Financial Education

University

Practice Problem

Medium

Created by

Angah Fatimah

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 sec • 20 pts

What is crowdfunding?

A method of raising capital by pooling small contributions from many people

A traditional banking system

A form of government funding

A type of stock market investment

2.

MULTIPLE CHOICE QUESTION

5 sec • 20 pts

Which of the following is prohibited in Islamic finance?

Profit-sharing

Risk-sharing

Interest (Riba)

Ethical investing

3.

MULTIPLE CHOICE QUESTION

5 sec • 20 pts

Which Islamic finance principle aligns with equity crowdfunding?

Mudarabah

Murabaha

Ijarah

Musharakah

4.

MULTIPLE CHOICE QUESTION

5 sec • 20 pts

What is one major benefit of Islamic crowdfunding?

It allows for higher interest rates.

It promotes financial inclusion.

It eliminates the need for regulatory frameworks.

It focuses solely on large corporations.

5.

MULTIPLE CHOICE QUESTION

5 sec • 20 pts

What technological advancement is expected to enhance the efficiency of crowdfunding platforms?

Traditional banking methods

Blockchain and smart contracts

Manual record-keeping

Conventional stock trading systems