Islamic Personal Financing Quiz

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Test your knowledge about Islamic personal financing with this quiz game!

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Maybank Islamic

Malasia

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Islamic Personal Financing QuizVersión en línea Test your knowledge about Islamic personal financing with this quiz game! por Maybank Islamic 1 What shariah contract/concept is used in this personal financing contract? a Commodity Murabahah b Mudarabah c Murabahah d Musyarakah 2 How much is charged in late payment charges if someone miss a payment due date? a 4% b 3% c 2% d 1% 3 What is the concept of tawarruq in Islamic personal financing? a Method of sale whereby the cost is made known with a markedup price where you pay the price over an agreed period of time. b Method of sale whereby the cost is not made known. c Method of sale whereby the payment is made immediately. d Method of sale whereby the cost is made known where you pay the price immediately. 4 What is the concept of Ijarah in Islamic personal financing? a Lease financing b Student loans c Unsecured financing d Variable interest financing 5 What is the purpose of Wakalah in personal financing? a To facilitate the management of personal finances in accordance with Islamic principles b The Bank, acting as an agent customer sells the commodity to a third party c Perform the commodity sale transaction to a third party for cash. d To minimize risks for the principal

Islamic Personal Financing QuizVersión en línea

Test your knowledge about Islamic personal financing with this quiz game!

por Maybank Islamic

What shariah contract/concept is used in this personal financing contract?

Commodity Murabahah

Mudarabah

Murabahah

Musyarakah

How much is charged in late payment charges if someone miss a payment due date?

What is the concept of tawarruq in Islamic personal financing?

Method of sale whereby the cost is made known with a markedup price where you pay the price over an agreed period of time.

Method of sale whereby the cost is not made known.

Method of sale whereby the payment is made immediately.

Method of sale whereby the cost is made known where you pay the price immediately.

What is the concept of Ijarah in Islamic personal financing?

Lease financing

Student loans

Unsecured financing

Variable interest financing

What is the purpose of Wakalah in personal financing?

To facilitate the management of personal finances in accordance with Islamic principles

The Bank, acting as an agent customer sells the commodity to a third party

Perform the commodity sale transaction to a third party for cash.

To minimize risks for the principal

Islamic Personal Financing Quiz

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Islamic Personal Financing QuizVersión en línea

por Maybank Islamic

What shariah contract/concept is used in this personal financing contract?

How much is charged in late payment charges if someone miss a payment due date?

What is the concept of tawarruq in Islamic personal financing?

What is the concept of Ijarah in Islamic personal financing?

What is the purpose of Wakalah in personal financing?