What is the primary function of a commercial bank?, accept deposit from people , provide loan, credit facilities , All of them, Islamic banks are allowed to charge interest on loans., True, False, Which of the following is NOT a function of a central bank?, issuing currency , Acting as banker to the government Acting as banker to the government, Accepting deposits from the general public , Controlling money supply, Which of the following is a common Islamic finance contract where the bank and client share profits and losses?, Ijara, Mudarabah, Murabaha, Istisna, Islamic banking is only for Muslims., True , False, Which of the following is considered Haram (forbidden) investment in Islamic banking?, Alcohol products , Real estate, Renewable energy, Healthcare, What is the Islamic banking contract used for profit-and-loss sharing?, Ijara, Murabaha, Takaful, Mudaraba, Which principle best describes Islamic banking?, Money can generate money bi itself, All loans must include interest, Financial transactions must be asset-backed, Banking is allowed only for Muslims.
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