Islamic Banking Multiple Choice Questions Test 1

Practice MBA test 1 with MCQs on islamic banking online for learning. Practice islamic banking multiple choice questions (MCQ) on islamic banking, musawamah with answers. Free islamic banking revision notes has answer key with choices as development bank, islamic banking, conventional banking and b& c of multiple choice questions (MCQ) as banking or banking action that is consistent with main beliefs of shariah and its realistic application from beginning to end improvement of islamic economics is to test learning skills. Study to learn islamic banking quiz questions to practice MCQ based online exam preparation test.

MCQ on Islamic Banking: Test 1 Quiz pdf Download

MCQ. Banking or banking action that is consistent with main beliefs of Shariah and its realistic application from beginning to end improvement of Islamic economics is

  1. islamic banking
  2. development Bank
  3. conventional banking
  4. b& c

A

MCQ. A number of Islamic banks were formed to provide to this particular banking market in late

  1. 20th century
  2. 19th century
  3. 18th century
  4. none of all of these

A

MCQ. A bank is considered as a custodian and trustee of money is

  1. Wadiah
  2. safekeeping
  3. a & b
  4. Hibah

C

MCQ. Negotiation of a selling price among two parties exclusive of reference by seller to either costs or asking price is

  1. ijarah wa iqtna
  2. ijarah
  3. musawamah
  4. musharika

C

MCQ. Earliest Islamic bank was established in Malaysia in

  1. 1980
  2. 1983
  3. 1982
  4. 1988

B

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