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Second Question Multiple choices 1. The rule in fiqh al-mu'amalat is that all transactions are permissible as long as they: a) Are not tainted with

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Second Question Multiple choices 1. The rule in fiqh al-mu'amalat is that all transactions are permissible as long as they: a) Are not tainted with prohibited gain b) do not involve usury, deception, speculation, and undue profits c) do not engage prohibited items d) all of the above 2. Which one of the following statements regarding earning a living is true? a) according to Al-Nawawi, the best ways through which one can earn a living are agriculture, trading, and manufacturing b) Imam al-Mawardi prefers a particular means of livelihood whereby people earn their living with their own hands regardless of the type of work they do c) any earnings received from clean and just business dealings or work are permissible in Islam d) all of the above 3. Unlawful earnings involves: a) excessive gains in business transactions and undue profits b) excessive commissions and service charges by some banks and financial institutions c) exploitation of fellow beings while acquiring one's property d) all of the above 4. All of the following are examples of unlawful earnings except: a) short-measures in trade through underweight b) hording to inflate prices at a later period c) earning through musharakah mode of finance d) money-lending that involves usury 5. All forms of contracts fall under either of the following two classifications: a) wa'ad and musharakah 3

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