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A. Islamic Finance represents 1. Any financial activity free of Riba. 2. Any financial activity compliant with Sharia 3. All financial activities financing Muslims and
A. Islamic Finance represents 1. Any financial activity free of Riba. 2. Any financial activity compliant with Sharia 3. All financial activities financing Muslims and Islamic projects. 4. All non-profit financial activities B. The Islamic banking component of Islamic financial services may be: 1. Fully fledged Islamic banks. 2. Islamic subsidiaries. 3. 'windows' of conventional banks. 4. All of the above. C. Which of the following is not considered a component of Sharia 1. Rules governing Beliefs and Faith 2. Moral and Ethics 3. Practical rules found in Fiqh 4. Qiyas (analogical reasoning) D. Which of the following is not considered as a primary source of Sharia 1. Quran 2. Sunna 3. Ijma and Qiya 4. Urf (customary practices)
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