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Islamic Financing Instrument

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Played 3

About this activity

In this game, players will determine whether various nouns are considered Islamic financing instruments. Respond with ✅ for nouns that are Islamic financing instruments and ❌ for those that are not. Test your knowledge of Islamic finance!

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Malaysia

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Islamic Financing Instrument
 

Islamic Financing InstrumentOnline version

In this game, players will determine whether various nouns are considered Islamic financing instruments. Respond with ✅ for nouns that are Islamic financing instruments and ❌ for those that are not. Test your knowledge of Islamic finance!

by Mohamad Farish Aiman
1

Stock dividends are a form of Islamic financing.

2

Ijara is a leasing agreement used in Islamic finance.

3

Wakalah is an agency agreement used in Islamic finance.

4

Musharakah is a joint venture partnership in Islamic finance.

5

Sukuk are Islamic financial certificates similar to bonds.

6

Leverage trading is permissible in Islamic finance.

7

Interest-bearing loans are allowed in Islamic finance.

8

Credit cards are considered Islamic financing instruments.

9

Zakat is a form of almsgiving and not a financing instrument.

10

Mudarabah is a profit-sharing investment partnership.

11

Murabaha is a common Islamic financing instrument.

12

Conventional mortgages comply with Islamic finance principles.

13

Real estate investment trusts (REITs) are Islamic financing instruments.

14

Futures contracts are accepted in Islamic finance.

15

Payday loans are compliant with Islamic finance.

16

Istisna is a contract for manufacturing goods in Islamic finance.

17

Takaful is a form of Islamic insurance.

18

Qard Hasan is a benevolent loan in Islamic finance.

19

Insurance policies are Islamic financing instruments.

20

Venture capital is a form of Islamic financing.

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