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 5 of 6

Discover more Topics under Financial Management and Financial Markets

Q41.
Prevention of a risk free return and authorization of trading, as enshrined in Verse
Discuss
Answer: (c).2:275 of Holy Quran
Q42.
A key concern for Muslims states and recently Islamic banks are
Discuss
Answer: (c).microfinance
Q43.
Losses are shared by each partner in ratio to their
Discuss
Answer: (d).capital
Discuss
Answer: (d).all gains on capital
Q45.
A coupon given willingly by a debtor in return for a credit is
Discuss
Answer: (d).b & c
Discuss
Answer: (a).basic rules of capital in musharika
Q47.
Phrase that is not related to books of Fiqh is
Discuss
Answer: (c).musharika
Q48.
First Islamic bank was recognized in
Discuss
Answer: (c).Malaysia
Q49.
A joint project or partnership formation with profit/loss contribution implications that is used in Islamic finance as an alternative of interest-bearing loans is
Discuss
Answer: (b).musharika
Q50.
Profit is based on accord of parties, but loss is all time issue to proportion of
Discuss
Answer: (d).a & b
Page 5 of 6