

McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Islamic History .
51. |
I D B was established in the year …………………………………. |
A. | 1948 |
B. | 1984 |
C. | 1958 |
D. | 1999 |
Answer» A. 1948 |
52. |
…………………………………… is the Islamic term of interest. |
A. | Riba |
B. | Rizala |
C. | Rabb |
D. | Raihan |
Answer» A. Riba |
53. |
In Islamic banking system the term for insurance is: |
A. | Takaful |
B. | Gharar |
C. | Sukuk |
D. | Salath |
Answer» A. Takaful |
54. |
“Kitab-al-Kharaj” is written by: |
A. | Abu Hanifa |
B. | Abu Yusuf |
C. | Imam Malik |
D. | Imam Shafi |
Answer» B. Abu Yusuf |
55. |
The “The Theory of Value” is propounded by: |
A. | Karal Max |
B. | Alfred Marhshal |
C. | Hegal |
D. | Ibn Kahldun |
Answer» D. Ibn Kahldun |
56. |
The number of heirs of Zakat is……………………………………… |
A. | 8 |
B. | 6 |
C. | 9 |
D. | 7 |
Answer» A. 8 |
57. |
Which is the third source of Islamic Jurisprudence? |
A. | Quran |
B. | Ijma |
C. | Hadith |
D. | Qiyas |
Answer» B. Ijma |
58. |
The abbreviation of IDB. |
A. | Islamic Development Bank |
B. | Iran Development Board |
C. | Indian Development Bank |
D. | Islamic Development Board |
Answer» A. Islamic Development Bank |
59. |
Islamic banking activity that is consistent with the principles of ………………… |
A. | Sharia |
B. | Constitution |
C. | Jurisprudence |
D. | Opinions |
Answer» A. Sharia |
60. |
What is fiqh. |
A. | Jurisprudence |
B. | Shirk |
C. | Tawheed |
D. | Tasawuff |
Answer» A. Jurisprudence |
61. |
Which one is the compulsory economic duty of the wealthy Muslims? |
A. | Zakat |
B. | Prayer |
C. | Sadqa |
D. | Hajj |
Answer» A. Zakat |
62. |
Abu Yusuf was the author of. |
A. | Kithab-al-Kharaj |
B. | Kithab-al-Hind |
C. | Kithab-al-Khaz |
D. | Kithab-al-Radd |
Answer» A. Kithab-al-Kharaj |
63. |
Traditions of Prophet Muhammad are known in Arabic by term. |
A. | Quran |
B. | Fiqh |
C. | Sunnah |
D. | Khalima |
Answer» C. Sunnah |
64. |
Zakat share on gold and silver is. |
A. | 1 |
B. | 2.5 |
C. | 1.5 |
D. | 2 |
Answer» B. 2.5 |
65. |
Riba is translated into English as. |
A. | Profit |
B. | Debt |
C. | Interest |
D. | Loan |
Answer» C. Interest |
66. |
Hujathul Baligha was written by. |
A. | Imam Shafi |
B. | Abu Yusuf |
C. | Shaik Sirhindi |
D. | Shah Waliullah |
Answer» D. Shah Waliullah |
67. |
Profit-loss sharing financing is known in Islamic concept by the term. |
A. | Riba |
B. | Mudharabah |
C. | Zakat |
D. | Saddaka |
Answer» B. Mudharabah |
68. |
Fakkir and Miskin are entitled to get a share of -------- tax. |
A. | Jaziya |
B. | Saddaka |
C. | Zakat |
D. | Kharaj |
Answer» C. Zakat |
69. |
The third pillar of Islam is. |
A. | Hajj |
B. | Prayer |
C. | Zakat |
D. | fasting |
Answer» C. Zakat |
70. |
Al-Barakka and Interest Free a Financial Enterprise was initiated for the first time India in the state of-----. |
A. | Jammu & Kashmir |
B. | U P |
C. | Bihar |
D. | Kerala |
Answer» D. Kerala |
71. |
People known as the bankers of the world. |
A. | Bankers |
B. | Lombards |
C. | Clergy |
D. | Brokers |
Answer» D. Brokers |
72. |
Author of ‘Economic Development in the Islamic Framework’. |
A. | Asghar Ali Engineer |
B. | Ahammed Khurshid |
C. | Dr. Thomas Isaac |
D. | Althaf Hussain |
Answer» A. Asghar Ali Engineer |
73. |
Author of ‘Economic problems of man and its Islamic solution’. |
A. | Rashid Riddhah |
B. | Moududi |
C. | Abdul Khadir Jilaani |
D. | Hassan al Banna |
Answer» B. Moududi |
74. |
Author of ‘Economics and Islam’. |
A. | Mahmudullah Shirassi |
B. | Abdul Kalam Azad |
C. | Muslehuddin Muhammad |
D. | A.P. Ibrahim Kunju |
Answer» C. Muslehuddin Muhammad |
75. |
Author of ‘Muhamman Theories of Finance’. |
A. | Montgomery Watt |
B. | Karen Armstrong |
C. | Nicholas P Agrudes |
D. | Sayyid Ahmad Khan |
Answer» B. Karen Armstrong |
76. |
Author of ‘Islamic Finance: Principles and Practice’. |
A. | Amina Wudood |
B. | Haris Muhammad |
C. | Hans Visser |
D. | Montgomery Watt |
Answer» B. Haris Muhammad |
77. |
Kharaj is a tax on ---. |
A. | Water |
B. | Gold |
C. | Land |
D. | Industries |
Answer» C. Land |
78. |
The tax collected instead of military service from the people of the book is. |
A. | Zakat |
B. | Ganimath |
C. | Saddaka |
D. | Jazya |
Answer» D. Jazya |
79. |
The first Arab coin was minted by which Caliph. |
A. | Muawiya |
B. | Umar II |
C. | Haroon Al Rashid |
D. | Abdul Malik |
Answer» D. Abdul Malik |
80. |
The Public share of Ganimath is. |
A. | 1/2 % |
B. | 1/4 % |
C. | 1/5 % |
D. | 1 % |
Answer» B. 1/4 % |
81. |
Which is the primary source of Islam? |
A. | Hadith |
B. | Quran |
C. | Shariath |
D. | Ijamah |
Answer» B. Quran |
82. |
The voluntary alms in Islam are called. |
A. | Zakat |
B. | Jazya |
C. | Saddaka |
D. | Ganimath |
Answer» C. Saddaka |
83. |
The compulsory alms in Islam is called. |
A. | Kharaj |
B. | Jazya |
C. | Saddaka |
D. | Zakat |
Answer» D. Zakat |
84. |
The legal system in Islam is called. |
A. | Monarchy |
B. | Shariath |
C. | Constitutional |
D. | Hierarchy |
Answer» B. Shariath |
85. |
Faraidh is the laws related to. |
A. | Islamic Inheritance |
B. | Islamic literature |
C. | Neighbour relation |
D. | Relation between husband & wife |
Answer» A. Islamic Inheritance |
86. |
Ghanimah is the wealth called in. |
A. | Land |
B. | War |
C. | Water |
D. | Agriculture |
Answer» B. War |
87. |
The PLS financing in Islam is called. |
A. | Murhabah |
B. | Mudarabah |
C. | Ushr |
D. | Riba |
Answer» A. Murhabah |
88. |
What is the word meaning of Fiqh. |
A. | Islamic Jurisprudence |
B. | Penal code |
C. | Uniform Civil code |
D. | The God |
Answer» A. Islamic Jurisprudence |
89. |
‘Islamic Economics and Finance’ is a book written by. |
A. | Muhammad Akram Khan |
B. | Sayed Ahmad Khan |
C. | Abul Kalam Azad |
D. | Azgar Ali Engineer |
Answer» A. Muhammad Akram Khan |
90. |
Public treasury in Islam is known as. |
A. | Diwan i Bandagan |
B. | Mudarabah |
C. | Baith ul Mal |
D. | Amanath |
Answer» C. Baith ul Mal |
91. |
Arab coinage was started by. |
A. | Prophet Muhammad |
B. | Caliph Abdul Malik |
C. | Umar II |
D. | Walid I |
Answer» C. Umar II |
92. |
The percentage of Zakat on money is. |
A. | 2 ` |
B. | 2.5 |
C. | 3 |
D. | 1.5 |
Answer» B. 2.5 |
93. |
What is word meaning of ‘Falah’ |
A. | Prosperity or victory |
B. | Development |
C. | Economics |
D. | Finance |
Answer» A. Prosperity or victory |
94. |
Ordinary share of inheritance for female in Islam is------ share of a male. |
A. | 1/3 |
B. | 1/2 |
C. | 1/4 |
D. | 1/5 |
Answer» A. 1/3 |
95. |
The name given by the system of exchange of goods for goods. |
A. | Barter |
B. | Speculation |
C. | Share marketing |
D. | VAT |
Answer» A. Barter |
96. |
The basis of conventional banking system. |
A. | Deposit |
B. | Profit |
C. | Interest |
D. | Loan |
Answer» C. Interest |
97. |
The Arab term used to denote the’ Sustainer’ of the entire universe. |
A. | Rasak |
B. | Rasiq |
C. | Rafeedah |
D. | Rashid |
Answer» A. Rasak |
98. |
The owner of the earth according to Quran. |
A. | God |
B. | Muhammad |
C. | Caliph |
D. | Malak |
Answer» A. God |
99. |
To whom the ownership of the Kharaj land belongs under Islamic Government. |
A. | Muhammad |
B. | Malak |
C. | God |
D. | Caliph |
Answer» C. God |
100. |
The condition of the lack of the basic needs of life. |
A. | Faqir |
B. | Inamath |
C. | Amanath |
D. | Ganimath |
Answer» A. Faqir |
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