Islamic Principles in Corporate Governance Quiz (21 MEI 2026)

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Key Islamic governance concepts

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DR MUHAMMAD FAHMI MD RAMZAN

Malasia

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Islamic Principles in Corporate Governance Quiz (21 MEI 2026)


Islamic Principles in Corporate Governance Quiz (21 MEI 2026)Versión en línea Key Islamic governance concepts por DR MUHAMMAD FAHMI MD RAMZAN 1 Syura in application of the Prophet and his companions refers to? a a formal court b a political party c consultative council of tribal experienced elders d a random gathering 2 “…the hearing and the sight and the heart –of each of these will be asked” (Quran,17:36) What does this verse refer to? a Hisbah b Man as Khalifah c Obedience d Accountability 3 Hisbah literally means... a a market tax b a religious festival c a type of prayer d judgement and measure to associate activities of a person to enjoin good and forbid evil 4 Man as Khalifah refers to... a a distant observer b the essential element for the system to be effectively working in the right way c a ceremonial role only d a separate business entity 5 In Islam, the directors, management as well as the auditor should perform their professional duties with? a their personal gain b the objective of satisfying the needs of the Public and to Allah as well c government targets d only shareholders’ profits 6 The concept of transparency includes... a Unverified statements b Ignoring records c Secret reporting d Record and book keeping 7 Obedience in Islamic governance involves... a wealth must be hidden b wealth is considered a trust and a test c wealth should not be used for charity d wealth is personal property only 8 Responsible decision making means... a The directors are responsible to the stakeholders b Stakeholders have no say c Responsibility is reserved for auditors d Only the CEO is responsible 9 Enjoin good forbid evil is linked to? a Whistleblowing is the term used when a worker passes on information concerning wrongdoing b Public condemnation c Internal auditing only d Legal prosecution always 10 Consistence in governance is associated with? a The most regular constant deeds even though they may be few b Annual bursts of activity c Sporadic efforts d Random checks

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Islamic Principles in Corporate Governance Quiz (21 MEI 2026)

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Islamic Principles in Corporate Governance Quiz (21 MEI 2026)Versión en línea

por DR MUHAMMAD FAHMI MD RAMZAN

Syura in application of the Prophet and his companions refers to?

“…the hearing and the sight and the heart –of each of these will be asked” (Quran,17:36) What does this verse refer to?

Hisbah literally means...

Man as Khalifah refers to...

In Islam, the directors, management as well as the auditor should perform their professional duties with?

The concept of transparency includes...

Obedience in Islamic governance involves...

Responsible decision making means...

Enjoin good forbid evil is linked to?

Consistence in governance is associated with?