Introduction to Islamic Banking and Finance Quiz

USD 3.25 trillion

Over 600

Compliance to Shariah rules and principles in commercial transactions and wealth management

<p>Desired objectives of Shariah to protect human maslahah (public interest)</p> Signup and view all the answers

<p>Compliance to Shariah rules and principles as interpreted by the apex authority, Shariah Advisory Council of BNM</p> Signup and view all the answers

<p>Resource allocation, management, acquisition &amp; investment</p> Signup and view all the answers

<p>To achieve justice and well-being for society</p> Signup and view all the answers

<p>Quran and Sunnah</p> Signup and view all the answers

<p>Belief in God's existence and His contact with humans through His Messengers</p> Signup and view all the answers

<p>Distribution, production, management</p> Signup and view all the answers

<p>Minimal requirement of barely sustainable human livelihood</p> Signup and view all the answers

<p>'Well being' contribution directly or indirectly to better living standard</p> Signup and view all the answers

<p>'Best in deed' contributing directly or indirectly to better living standard</p> Signup and view all the answers

<p>Irrespective of religion, culture, and history</p> Signup and view all the answers

<p>To achieve overall objective of well-being</p> Signup and view all the answers

<p>To govern the practices and activities of mankind with specific guidance</p> Signup and view all the answers

<p>USD 3.25 trillion</p> Signup and view all the answers

<p>To comply with Shariah rules and principles</p> Signup and view all the answers

<p>Social justice</p> Signup and view all the answers

<p>Compliance to Shariah rules and principles</p> Signup and view all the answers

<p>Resource allocation and wealth management</p> Signup and view all the answers

<p>To deal with resource allocation, management, acquisition &amp; investment</p> Signup and view all the answers

<p>Governing the practices and activities of mankind</p> Signup and view all the answers

<p>Values shared by all human societies irrespective of religion, culture, and history</p> Signup and view all the answers

<p>Production decision, management decision, distribution decision</p> Signup and view all the answers

<p>Promoting social justice and well-being</p> Signup and view all the answers

<p>Belief in God's existence and contact with humans through his Messengers</p> Signup and view all the answers

<p>'Well-being' or satisfaction of human wants</p> Signup and view all the answers

<p>'Minimal requirement' for sustainable human livelihood</p> Signup and view all the answers

<p>'Distribution of resources' to meet human needs</p> Signup and view all the answers

<p>'Best in deed' contributing directly or indirectly to better living standards</p> Signup and view all the answers

<p>Adherence to ethical business practices and social responsibility</p> Signup and view all the answers