Quiz on Islamic Banking Organizations

Quiz on Islamic Banking Organizations

University

10 Qs

quiz-placeholder

Similar activities

Contemporary Issues

Contemporary Issues

University

14 Qs

Real Estate

Real Estate

University

10 Qs

Financial Products and Services

Financial Products and Services

University

5 Qs

IIFO 2025 - QUIZ ROUND 1

IIFO 2025 - QUIZ ROUND 1

University

15 Qs

Capital Markets - Prelim Quiz 2

Capital Markets - Prelim Quiz 2

University

11 Qs

MGT 3643 - Chapter 1 (Agency & Association related with Financial Planning)

MGT 3643 - Chapter 1 (Agency & Association related with Financial Planning)

University

5 Qs

CHAPTER 7 - Application of Funds

CHAPTER 7 - Application of Funds

University

10 Qs

Chapter 4 Managing Banks' Capital

Chapter 4 Managing Banks' Capital

University

5 Qs

Quiz on Islamic Banking Organizations

Quiz on Islamic Banking Organizations

Assessment

Quiz

Business

University

Medium

Created by

ummi zaki

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the primary objective of the Islamic Development Bank?

To promote tourism in member countries

To foster economic development and social progress

To provide loans at high interest rates

To establish conventional banks in member countries

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Where is the Islamic Development Bank located?

Jeddah, Saudi Arabia

Cairo, Egypt

Doha, Qatar

Kuala Lumpur, Malaysia

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What role does the International Islamic Bank serve?

It manages funds for Islamic charities

It offers investment opportunities to private investors

It provides technical advice to countries setting up Islamic banks

It acts as a regulatory body for Islamic banks

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the main function of the Association of Islamic Banking Institutions Malaysia (AIBIM)?

To provide loans to small businesses

To promote sound Islamic banking practices

To regulate interest rates in Malaysia

To manage the national currency

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What type of institution is the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)?

A private bank

A for-profit organization

A non-profit corporate body

A government agency

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is NOT a duty of AAOIFI members?

To prepare accounting standards for Islamic financial institutions

To conduct audits for conventional banks

To adopt codes of ethics for Islamic finance

To review accounting statements and guidelines

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the vision of the Islamic Banking & Finance Institute Malaysia (IBFIM)?

To provide the lowest interest rates in the market

To promote conventional banking practices

To establish the largest Islamic bank in the world

To become a leading international human capital developer

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?