Podcast
Questions and Answers
Islamic Finance is solely based on conventional financial principles
Islamic Finance is solely based on conventional financial principles
False (B)
The primary aim of Islamic Finance is to provide innovative financing techniques without any ethical considerations
The primary aim of Islamic Finance is to provide innovative financing techniques without any ethical considerations
False (B)
Islamic Finance does not consider social responsibility in its practices
Islamic Finance does not consider social responsibility in its practices
False (B)
Islamic Finance principles align with the beliefs of investors and savers
Islamic Finance principles align with the beliefs of investors and savers
Islamic Finance offers no alternative perspective to conventional finance systems
Islamic Finance offers no alternative perspective to conventional finance systems
The purpose of Islamic Finance is to limit the understanding of global finance to a single perspective
The purpose of Islamic Finance is to limit the understanding of global finance to a single perspective
Islamic Finance does not involve transferring funds from savers to investors
Islamic Finance does not involve transferring funds from savers to investors
Ethical principles such as fairness and transparency are not embedded in Islamic Finance
Ethical principles such as fairness and transparency are not embedded in Islamic Finance
In Islamic Finance, financial products are constructed without considering the beliefs of investors and savers
In Islamic Finance, financial products are constructed without considering the beliefs of investors and savers
Learning about ethical finance principles is not a part of studying Islamic Finance
Learning about ethical finance principles is not a part of studying Islamic Finance