Introduction to Islamic Banking & Finance notes

TEST BANK FOR ISLAMIC BANKING AND FINANCE PRINCIPLES AND PRACTICE True / False Questions 1. The resolution of Islamic Fiqh Academy is considered one of the main sources of Al Sharī‘ah (Islamic law) that constitute the basis of Islamic banking and finance Answer: True Diff: 2 Page Ref: 4 LO: 1 2. Any form of banking and financial institution that is consistent with the principles of the Sharī‘ah can be referred to as Islamic bank or financial institution. Answer: T...

TEST BANK FOR ISLAMIC BANKING AND FINANCE PRINCIPLES AND PRACTICE True / False Questions 1. The resolution of Islamic Fiqh Academy is considered one of the main sources of Al Sharī‘ah (Islamic law) that constitute the basis of Islamic banking and finance Answer: True Diff: 2 Page Ref: 4 LO: 1 2. Any form of banking and financial institution that is consistent with the principles of the Sharī‘ah can be referred to as Islamic bank or financial institution. Answer: T...