• Cyberian's Gold

    Riba al-Nasiyyah is also known as:
    Riba Al-Hadith
    Riba Al-Fadl
    Riba Al-Jahiliyyah
    None of the given options
    605ada77-fc1a-4016-b415-41892bb5cf7e-image.png

  • Cyberian's Gold

    All of the following options can be opted by Islamic banks to dispose of the assets in Salam transactions, EXCEPT:
    Enter into a Parallel Salam contract
    Agency contract with the client or a third party
    Sell the asset to the original seller in future
    Enter into a Promise to Purchase with third party
    ea0ce18f-7dde-4525-a1da-977cef14efe1-image.png

  • Cyberian's Gold

    The partnership by ownership of a property is also known as:
    Shirkat ul Aqd
    Shirkat ul Wujooh
    Shirkat ul Milk
    Shirkat ul Ainan

    ae7c584f-8b8f-4a6c-8e16-7626effd0a69-image.png

  • Cyberian's Gold

    Bai Inah is also known as:
    Sale on deferred basis
    Sale and buy back
    Sale and lease back
    Sale and lease back
    8391733f-3bc0-48a6-9f1c-62f7f9e9677e-image.png

  • Cyberian's Gold

    Identify the factor (s) on which Islamic banks assign weights to the depositors.
    Amount of deposit only
    Time of deposit only
    Amount of deposit and time of deposit
    Nature of deposit

    db3e1fd5-8673-4e38-8415-3e978e3d201b-image.png

  • Cyberian's Gold

    A type of sale in which a commodity is sold at the cost price is known as:
    Bai’ Musawamah
    Bai’ Murabaha
    Bai’ Tawliyah
    Bai’ Tawliyah
    ed39c860-fde3-470f-b15b-d5772f85af6f-image.png

  • Cyberian's Gold

    Identify the reason why the concept of Hire-Purchase is not permitted by Islamic Sharia’h
    It is based on combination of two contracts at the same time
    The price of asset becomes far more than the market price
    The price of asset becomes far more than the market price
    The price of asset becomes far more than the market price

    cf812d11-3326-46ea-bc9e-ebc73eb93455-image.png

  • Cyberian's Gold

    Which of the following is not the function of a central bank?
    Issuance of currency
    Formulating the monetary policy
    Formulating the monetary policy
    Formulating the monetary policy
    4761219c-9e20-401a-bff7-f6ef9af4d154-image.png

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