Exchange questions group 3

Question 1

What is the basic definition of a transaction in Islam?

Accepted Answer

2

Question 2

What is a key requirement for a valid sale contract in Islam?

Accepted Answer

2

Question 3

In an Islamic transaction, the seller must:

Accepted Answer

3

Question 4

A valid Islamic transaction must be free from:

Accepted Answer

2

Question 5

What is the ruling on selling prohibited items like alcohol and pork in Islam?

Accepted Answer

3

Question 6

In islam, both the buyer and the seller  must agree willingly to the transactions

Accepted Answer

o

Question 7

A transaction  is valid even if the item sold is unknown  or uncertain (gharar)

Accepted Answer

x

Question 8

It is permissible for the seller to hide the defect of a product to gain more profit

Accepted Answer

x

Question 9

A transaction  that involves riba ( interest) is consider invalid in Islamic law

Accepted Answer

o

Question 10

Verbal agreement without any written contact  is still valid in an Islamic transaction , as long as both parties agrees

Accepted Answer

o