Podcast
Questions and Answers
Islamic Finance is solely based on Western financial principles.
Islamic Finance is solely based on Western financial principles.
False
Islamic Finance aims to develop innovative financing techniques that are not rooted in ethical principles.
Islamic Finance aims to develop innovative financing techniques that are not rooted in ethical principles.
False
One of the reasons for studying Islamic Finance is to explore an alternative financial system.
One of the reasons for studying Islamic Finance is to explore an alternative financial system.
True
Islamic Finance does not promote fairness, transparency, and social responsibility.
Islamic Finance does not promote fairness, transparency, and social responsibility.
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Islamic Finance broadens the understanding of global finance by providing a similar perspective to conventional finance systems.
Islamic Finance broadens the understanding of global finance by providing a similar perspective to conventional finance systems.
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In Islamic Finance, financial products should align with the beliefs of investors and savers.
In Islamic Finance, financial products should align with the beliefs of investors and savers.
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The primary function of any financial market is to transfer funds from deficit units to surplus units.
The primary function of any financial market is to transfer funds from deficit units to surplus units.
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Islamic Finance is not concerned with the ethical implications of financial decisions.
Islamic Finance is not concerned with the ethical implications of financial decisions.
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Shari'ah-compliant finance refers to activities that do not adhere to the vision and principles of Shari'ah (Islamic Law).
Shari'ah-compliant finance refers to activities that do not adhere to the vision and principles of Shari'ah (Islamic Law).
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Islamic Finance does not offer unique investment guidelines.
Islamic Finance does not offer unique investment guidelines.
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