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JAMB and WAEC Islamic Religious Studies questions: Islamic economic teachings and trade

44 questions with answers and explanations. Tap an option to check yourself.

AllJAMBWAEC
All topicsHadith · 46Islam in West Africa and Nigeria · 48Islamic economic teachings and trade · 44Islamic moral teachings (Akhlaq) · 51Marriage, divorce and inheritance · 49Selected suras and Qur'anic sciences · 55Taharah and salat · 58Tawhid and the articles of faith · 47The life of the Prophet (Sirah) · 61The Qur'an: revelation and compilation · 46The rightly guided caliphs · 44Zakat, sawm and hajj · 57

  1. Question 1· Islamic economic teachings and trade· WAEC

    Islam teaches that wealth belongs ultimately to

    Explanation and discussion

  2. Question 2· Islamic economic teachings and trade· WAEC

    A partnership in which one party provides capital and the other provides labour and skill is

    Explanation and discussion

  3. Question 3· Islamic economic teachings and trade· JAMB

    Bait al-Mal was the

    Explanation and discussion

  4. Question 4· Islamic economic teachings and trade· JAMB

    A partnership in which one party provides capital and the other provides work, sharing the profit, is

    Explanation and discussion

  5. Question 5· Islamic economic teachings and trade· JAMB

    Kharaj was a tax on

    Explanation and discussion

  6. Question 6· Islamic economic teachings and trade· JAMB

    Islam teaches that wealth is

    Explanation and discussion

  7. Question 7· Islamic economic teachings and trade· JAMB

    Islam permits profit from

    Explanation and discussion

  8. Question 8· Islamic economic teachings and trade· WAEC

    A property endowed permanently for charitable or religious purposes is

    Explanation and discussion

  9. Question 9· Islamic economic teachings and trade· JAMB

    Property permanently endowed for religious or charitable purposes in Islam is a

    Explanation and discussion

  10. Question 10· Islamic economic teachings and trade· JAMB

    Jizyah was a tax paid by

    Explanation and discussion

  11. Question 11· Islamic economic teachings and trade· JAMB

    'Ushr was a tax on

    Explanation and discussion

  12. Question 12· Islamic economic teachings and trade· JAMB

    Sadaqah jariyah refers to

    Explanation and discussion

  13. Question 13· Islamic economic teachings and trade· WAEC

    Mudarabah is a

    Explanation and discussion

  14. Question 14· Islamic economic teachings and trade· WAEC

    A partnership in which one party gives capital and the other provides labour, sharing the profit, is

    Explanation and discussion

  15. Question 15· Islamic economic teachings and trade· JAMB

    Islam condemns the hoarding of goods to raise their prices because it

    Explanation and discussion

  16. Question 16· Islamic economic teachings and trade· WAEC

    In Islamic economics, a waqf is

    Explanation and discussion

  17. Question 17· Islamic economic teachings and trade· WAEC

    Islam encourages Muslims to earn a living through

    Explanation and discussion

  18. Question 18· Islamic economic teachings and trade· JAMB

    The public treasury of the early Islamic state was the

    Explanation and discussion

  19. Question 19· Islamic economic teachings and trade· JAMB

    Musharakah is a

    Explanation and discussion

  20. Question 20· Islamic economic teachings and trade· WAEC

    Which of these does Islam permit?

    Explanation and discussion

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