• Cyberian's Gold

    Which of the following is the reason why current deposits in Islamic banks are not accepted as Amanah?
    No profit is paid to the depositors
    Banks need use the deposit for business purpose
    The amount is payable on demand
    There is no restriction on withdrawal
    62b4b703-6894-419a-b756-e959e8e9b9df-image.png

  • Cyberian's Gold

    The literal meaning of Bai’ is:
    Exchange
    Compensation
    Binding
    Contract

    7a57f288-1993-4c6c-b2c9-1a0113d4552b-image.png

  • Cyberian's Gold

    The Parallel Istisna contract would be invalid if:
    The price in first contract is paid full in advance
    The commodity to be manufactured don’t have substitutes available in market
    The two contracts are dependent on each other
    None of the given options
    bbd68e7a-fadc-403b-9092-09dd509d8be6-image.png

  • Cyberian's Gold

    Which of the following is not considered as the role of mudarib in Mudaraba contract?
    Partner
    Agent

  • Cyberian's Gold

    Which of the agreement is used by Islamic banks for car financing?
    Ijarah Muntahiya bit Tamleek
    Ijaratul Ashkhas
    Hire-Purchase
    Hire-Purchase
    21763223-d4b1-4814-843a-554fc4d707ab-image.png

  • Cyberian's Gold

    In Mudaraba contract, a person who invests the amount is known as:
    Rab ul Maal
    Mudarib
    Mudarib
    Raas ul Maal

    dc35f767-8cc9-44c8-a0b0-841bdc364b49-image.png

  • Cyberian's Gold

    According to Islamic economic system the real ownership of all resources belongs to:
    All Muslims
    All Human Beings
    Allah
    Private Companies
    9b6f4f17-4f3a-4ae6-8998-6d3267eb2bee-image.png

  • Cyberian's Gold

    The type of loan which draws no profit for the creditor is known as:
    Qard
    Dayn
    Salaf
    Sarf
    73e9c558-d141-4ae2-81c1-e0d9c2388b15-image.png

  • Cyberian's Gold

    Current account is also known as:
    Demand deposit
    Term deposit
    Cash deposit
    Time deposit
    6514dd0c-bbe5-43c5-b8cb-ff90601228ed-image.png

  • Cyberian's Gold

    Bay’atan-fil-Bay refers to:

    Combining two sales in one sale agreement
    Act of false bidding to raise the price
    Concealing the facts during sale
    Sale of debt for debt
    4c5a4ebe-6f9b-4cb5-8b8d-5666d321d742-image.png

  • 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

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