CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: placing funds in lawful activities and avoiding prohibited sectors?
A. Public interest
B. Ethical investment
C. Economic justice
D. Market ethics
Correct Answer: B
The economic concept described is Ethical investment.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: financial support that combines charity with maintaining kinship?
A. Mutual consent
B. Bayt al-Mal
C. Murabaha
D. Charity to relatives
Correct Answer: D
The economic concept described is Charity to relatives.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: financial maintenance owed to eligible dependents?
A. Kharaj
B. Musharakah
C. Nafaqah
D. Private property
Correct Answer: C
The economic concept described is Nafaqah.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: reckless squandering of wealth?
A. Nisab
B. Economic justice
C. Tabdhir
D. Market ethics
Correct Answer: C
The economic concept described is Tabdhir.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: wasteful or excessive spending?
A. Israf
B. Public interest
C. Riba
D. Wealth circulation
Correct Answer: A
The economic concept described is Israf.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: avoiding both extravagance and miserliness?
A. Moderation in spending
B. Public interest
C. Riba
D. Mirath
Correct Answer: A
The economic concept described is Moderation in spending.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: discouraging manipulative scarcity and market abuse?
A. Prohibition of hoarding essential goods for exploitation
B. Bayt al-Mal
C. Murabaha
D. Qard Hasan
Correct Answer: A
The economic concept described is Prohibition of hoarding essential goods for exploitation.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: a financing principle found in partnership structures?
A. Profit and loss sharing
B. Social welfare
C. Istisna
D. Wasiyyah
Correct Answer: A
The economic concept described is Profit and loss sharing.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: sharing business risk rather than guaranteeing unlawful return without risk?
A. Istisna
B. Prohibition of fraud
C. Risk sharing
D. Jizyah
Correct Answer: C
The economic concept described is Risk sharing.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: economic policy directed toward legitimate community welfare?
A. Moderation in spending
B. Waqf
C. Prohibition of fraud
D. Public interest
Correct Answer: D
The economic concept described is Public interest.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: recognition of lawful individual ownership?
A. Qard Hasan
B. Sadaqah
C. Private property
D. Israf
Correct Answer: C
The economic concept described is Private property.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: fairness in earning, exchange and distribution?
A. Mirath
B. Murabaha
C. Ijarah
D. Economic justice
Correct Answer: D
The economic concept described is Economic justice.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: support for poor and vulnerable members of society?
A. Social welfare
B. Kharaj
C. Istisna
D. Public interest
Correct Answer: A
The economic concept described is Social welfare.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: the principle that wealth should not remain concentrated only among the rich?
A. Wealth circulation
B. Sadaqah
C. Istisna
D. Zakat
Correct Answer: A
The economic concept described is Wealth circulation.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: the practice of recording deferred debts to reduce dispute?
A. Haram income
B. Debt documentation
C. Musharakah
D. Public interest
Correct Answer: B
The economic concept described is Debt documentation.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: the requirement that lawful commercial transactions be entered voluntarily?
A. Mutual consent
B. Ethical investment
C. Maysir
D. Kharaj
Correct Answer: A
The economic concept described is Mutual consent.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: the rule against deception in trade?
A. Prohibition of fraud
B. Market ethics
C. Bay'
D. Nafaqah
Correct Answer: A
The economic concept described is Prohibition of fraud.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: the obligation to avoid cheating in measurement?
A. Waqf
B. Honest weights and measures
C. Gharar
D. Wealth circulation
Correct Answer: B
The economic concept described is Honest weights and measures.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: commercial conduct based on honesty, consent and fairness?
A. Waqf
B. Ushr
C. Prohibition of fraud
D. Market ethics
Correct Answer: D
The economic concept described is Market ethics.
CSS - PMS - CCE - PCS - Islamiat (Isl)
Islamic Economic System
Which term in Islamic economics best matches this description: a classical poll tax on specified non-Muslim subjects under an Islamic polity?
A. Zakat
B. Jizyah
C. Mahr
D. Market ethics
Correct Answer: B
The economic concept described is Jizyah.