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Business English Exercises
 

Islamic Finance

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Home > Teaching Business English > Business English Lessons, Advanced Level # 310
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islamic finance question 1
With the modern Islamic financial services industry enhancing its sophistication, an increasingly affluent Muslim-investor population has started to express its desire for more investment products that ......... to Islamic principles.


islamic finance, answer 1 islamic finance, management in business, absolve vs absorb vs adhere vs admit

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islamic finance question 2
Coinciding with this surge in demand is the more significant role that Islamic finance plays in the global financial community; with respect to the breadth and range of products and services offered, the distinct line that once separated Islamic financial institutions from their conventional counterparts is ..........


islamic finance, answer 2 business law and business management, blurring vs drifting vs erasing vs smudging

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islamic finance question 3
The basic principle of Islamic banking is the prohibition of riba (......... or interest); it also prohibits dealing in liquor, pork, gambling, pornography and anything else that Shari'a (Islamic law) deems haram (unlawful).


islamic finance, answer 3 institute of business management and research, avarice vs principal vs usury vs venery

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islamic finance question 4
While permitting the individual the right to seek his economic well being, Islam makes a clear distinction between what is halal (lawful) and what is haram (forbidden) in pursuit of such economic activity; in ......... terms, Islam forbids all forms of economic activity that are morally or socially injurious.


islamic finance, answer 4 business and management school, bare vs broad vs certain vs clear

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islamic finance question 5
While acknowledging the individual's right to ownership of legitimately acquired wealth, Islam makes it obligatory for the individual to spend his wealth judiciously and not to ......... it, keep it idle or to squander it.


islamic finance, answer 5 business courses mba, cache vs conceal vs harbour vs hoard

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islamic finance question 6
While allowing an individual to retain any surplus wealth, Islam seeks to reduce the margin of the surplus for the well being of the community as a whole, in particular the ......... and deprived sections of society by participation in the process of zakat.


islamic finance, answer 6 islamic finance, introduction to business management, despicable vs destitute vs disparaged vs distraught

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islamic finance question 7
While making allowance for the ways of human nature and yet not yielding to the consequences of its worst propensities, Islam seeks to prevent the accumulation of wealth in a few hands to the ......... of society as a whole, by its laws of inheritance.


islamic finance, answer 7 entrepreneurship and small business management, decadence vs deterrence vs detriment vs discouragement

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islamic finance question 8
Viewed as a whole, the economic system ......... by Islam aims at social justice without inhibiting individual enterprise beyond the point where it becomes not only collectively injurious but also individually self-destructive.


islamic finance, answer 8 business management articles, elaborated vs elicited vs enacted vs envisaged

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islamic finance question 9
It has been over two decades since Islamic banks first appeared as active players in the global financial market, and today Islamic banking and finance has become a force to be reckoned ..........


islamic finance, answer 9 business travel management, at vs on vs with vs (none)

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islamic finance question 10
Although the Middle East is still home to most of the world's 275-plus Islamic banks, a growing number of banks operating in the marketplace are ......... elsewhere.


islamic finance, answer 10 entertainment business management, domesticated vs domiciled vs predicated vs premised

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