Islamic Banking MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Islamic Banking, a fundamental topic in the field of Financial Management and Financial Markets. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Islamic Banking MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Islamic Banking mcq questions that explore various aspects of Islamic Banking problems. Each MCQ is crafted to challenge your understanding of Islamic Banking principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Financial Management and Financial Markets tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Islamic Banking MCQs are your pathway to success in mastering this essential Financial Management and Financial Markets topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Islamic Banking. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Islamic Banking knowledge to the test? Let's get started with our carefully curated MCQs!

Islamic Banking MCQs | Page 3 of 6

Q21.
A most ordinary kind of Shirkat-ul-Aqd where equality in capital, management or liability might be identical in one case but not in all respect meaning either profit is equal but not labour or vice versa is
Discuss
Answer: (b).shirkat-ul-ainan
Q22.
Profits shall be divided in ratio mutually settled in the
Discuss
Answer: (d).all of answers are correct
Q23.
Working capital financing in Musharika is
Discuss
Answer: (b).asset side financing
Q24.
How much etc in Musharika is related to
Discuss
Answer: (d).a & b
Q25.
Products of first type may be given to Musharika in capital while second kind of products cannot be a part of capital observation of
Discuss
Answer: (c).Imam Shafi
Q26.
To generate joint possession in assets is
Discuss
Answer: (c).shirkat-al-milk
Q27.
This happens when a person hires a representative to carry out transactions on his/her behalf, like to a
Discuss
Answer: (d).b & c
Q28.
Where everyone partner contribute some capital into a commercial venture is
Discuss
Answer: (c).a & b
Q29.
Investments given by all partners/shareholders known to as
Discuss
Answer: (a).partners
Q30.
Mutually or equally using an asset by taking twists under conditions where partners or joint vendors are on superior stipulations is
Discuss
Answer: (a).musharika intifa
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