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Islamic Banking Multiple Choice Questions and Answers 7 PDF Download

Islamic Banking Multiple Choice Questions and Answers (MCQs), islamic banking quiz answers PDF, MBA test prep 7 for online MBA degree programs.

"It is authorized that if a partner is not working, his profit share can be recognized as less than his capital share is the fundamental law of musharika" Multiple Choice Questions (MCQ) on islamic banking with choices distribution of profit, distribution of loss, distribution of interest, and b & c for online MBA graduate programs. Practice jobs' assessment test, online learning types of musharika quiz questions for getting an MBA.

MCQs on Islamic Banking Quiz 7 PDF Download eBook

MCQ: It is authorized that if a partner is not working, his profit share can be recognized as less than his capital share is fundamental law of musharika

  1. distribution of loss
  2. distribution of profit
  3. distribution of interest
  4. b & c

B

MCQ: A method where payments are prepared in phases to aid stage wise progress in Manufacturing / processing / building works is

  1. Istisna
  2. ijarah wa iqtna
  3. takaful
  4. wadiah

A

MCQ: Islamic banking structure is based on

  1. risk sharing
  2. interest sharing
  3. a & b
  4. premium sharing

A

MCQ: Sharikah is chief term than

  1. ijarah
  2. murabaha
  3. musharika
  4. shirkat-ul-ainan

C

MCQ: Qur'an forbids

  1. gambling
  2. interest sharing
  3. gharar
  4. all of answers are correct

D