Pre-class assessment (Islamic Finance)

What is Maqasid as Shariah ?

• Objective of shariah.

• A compulsory ibadah.

• Ethics in Islam.

• I have no idea about it.

What are the three prohibition in Islamic finance?

• Riba, Gharar and Taawun.

• Gharar, Maysir and Riba.

• Riba, Gharar and Tabzir.

• I have no idea about it.

What is the objective of Islamic economy?

• To ensure benefit of public is taken care.

• To promote charity.

• To provide fairness and justice.

• I have no idea about it.

Wassiyah can be challenged by the "waris fardhu".

• Yes

• No

• I have no idea about it.

Islamic social finance can be utilised for the development of public infrastructure, so that public can enjoy lower cost of living.

• Yes

• No

• I have no idea about it.

Rice is one of the "Ribawi items".

• Yes

• No

• I have no idea about it.