Islamic Banking(Financial Management And Financial Markets ) Questions and Answers
Question 1. Proportion of profit for all partners must be determined in ratio to the
actual profit
remaining profit
prescribed profit
extra profit
Explanation:-
Answer: Option A. -> actual profit Answer: (a).actual profit
Question 2. Which is liability side financing out of these means
large enterprise financing
t-bills and federal investment bonds / debenture
inter- bank lending / borrowing
b & c
Explanation:-
Answer: Option D. -> b & c Answer: (d).b & c
Question 3. What is asset side financing out of these means
large enterprise financing
import financing
Letter of credit with margin (for musharika)
all of answers are correct
Explanation:-
Answer: Option D. -> all of answers are correct Answer: (d).all of answers are correct
Question 4. A pioneering attempt, in Shariah compliant investments banking was undertaken in 1963 in
Oman
Saudia Arabia
Egypt
Pakistan
Explanation:-
Answer: Option C. -> Egypt Answer: (c).Egypt
Question 5. Expression Finance Certificates & Certificate of Investment in Musharika is
liability side financing
liability
assets
assets side financing
Explanation:-
Answer: Option A. -> liability side financing Answer: (a).liability side financing
Question 6. Giving share of investor to customer on lease is the
basis of musharika
basis of diminishing musharika
basis of ijarah
basis of hibah
Explanation:-
Answer: Option B. -> basis of diminishing musharika Answer: (b).basis of diminishing musharika
Question 7. A most ordinary kind of Shirkat-ul-Aqd where equality in capital, management or liability might be identical in one case but not in all respect meaning either profit is equal but not labour or vice versa is
shirkat-ul-aqd
shirkat-ul-ainan
shirkat-ul-dain
shirkat-ul-milk
Explanation:-
Answer: Option B. -> shirkat-ul-ainan Answer: (b).shirkat-ul-ainan
Question 8. How much etc in Musharika is related to
quantified
maloom
specified
a & b
Explanation:-
Answer: Option D. -> a & b Answer: (d).a & b
Question 9. Profits shall be divided in ratio mutually settled in the
deed
contract
prescribed
all of answers are correct
Explanation:-
Answer: Option D. -> all of answers are correct Answer: (d).all of answers are correct
Question 10. Working capital financing in Musharika is
liability side financing
asset side financing
assets
liabilities
Explanation:-
Answer: Option B. -> asset side financing Answer: (b).asset side financing