Introduction to wealth creation in Islam

Introduction to wealth creation in Islam

University

8 Qs

quiz-placeholder

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Topic 3.1: Development of Islamic Finance in Malaysia

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Introduction to wealth creation in Islam

Introduction to wealth creation in Islam

Assessment

Quiz

Business

University

Hard

Created by

SARAH ADNAN

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is wealth?

Obligatory form of charity that holds a central place in the socio-economic

Voluntary charity in Islam

The value of all the assets owned by a person, community, company, or country, minus debts.

The money that is used for a particular purpose

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

X is religious duty for Muslims who meet a certain threshold of wealth. It is based on 2.5% of total savings and possessions. What is X?

Spending

Sadaqah

Hibah

Zakat

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Below is the Islamic concept of wealth accumulation, EXCEPT?

INHERITANCE

WEALTH AS A TRUST

LAWFUL EARNINGS

HARD WORK AND  DILIGENCE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Halal investment, ethical criteria, avoidance of riba can be the Islamic concept of ..

wealth management

wealth spending

wealth accumulation

wealth mobilization

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Below is the key criteria for halal investments, EXCEPTS

Avoidance of Prohibited Industries

Maximation of profit

Ethical Business Practices

No Interest (Riba)

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Islamic wealth of spending, we must always priorities this kind of spending, EXCEPTS?

Supporting dependants

Generosity

Tarfihiyyah

Kindness

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Muamalat?

Refers to the rules and procedures of performing worship


Refers to laws relating to human mutual dealings

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There are some ethical investment criteria refer to the guidelines or principles used for Islamic investor.

Community impacts

Environmental criteria

Social criteria

All of the above