MUDHARABAH FINANCING QUIZ

Question 1

Mudarabah is a business between

Accepted Answer

2

Question 2

The losses resulting from liquidation should be recognised at the time of liquidation by reducing the mudarabah capital.

Accepted Answer

o

Question 3

The party who will manage the asset in Mudarabah Financing is called as

Accepted Answer

Mudarib

Accepted Answer

Mudharib

Accepted Answer

Mudarrib

Question 4

Under AAOIFI FAS 3, Mudarabah financing provided by an Islamic bank to an entrepreneur is recorded as an ............. on the bank's balance sheet.

Accepted Answer

Asset

Question 5

Define Mudharabah in one sentence

Accepted Answer

0

Question 6

The accounting for mudarabah is based on

Accepted Answer

0

Question 7

The profit between Mudarib and Rabbul Mal is based on

Accepted Answer

2

Question 8

If the business incurred losses due to the negligence of Mudarib, who will bear the losses?

Accepted Answer

3

Question 9

Choose the correct answer for principle of Mudarabah

Accepted Answer

3

Question 10

The loss in a Mudarabah contract is entirely borne by Rabbul Mal

Accepted Answer

o

Question 11

Why is the Islamic Banks in Malaysia did not offer the Mudarabah financing?

Accepted Answer

0

Question 12

Payment by installments is generally allowed in a Mudarabah contract.

Accepted Answer

o

Question 13

A bank (Rabb-ul-mal) provides RM100,000 to an entrepreneur (Mudarib). They agree on a profit-sharing ratio: Bank 60%, Mudarib 40%. If the project earns RM30,000 profit, the bank’s profit share is:

Accepted Answer

RM18000

Accepted Answer

RM18,000

Accepted Answer

18000

Accepted Answer

18,000

Question 14

A Mudarib commits negligence which caused a loss of RM20,000. The loss will be:

Accepted Answer

1

Question 15

Calculate the Mudarib's profit share:
Capital: RM50,000
Profit earned: RM15,000
Profit-sharing ratio: Bank 70% : Mudarib 30%

Accepted Answer

0

Question 16

The loss in a Mudarabah contract is entirely borne by Rabbul Mal

Accepted Answer

o

Question 17

The loss in a Mudarabah contract is entirely borne by Rabbul Mal

Accepted Answer

o

Question 18

The loss in a Mudarabah contract is entirely borne by Rabbul Mal

Accepted Answer

o

Question 19

The loss in a Mudarabah contract is entirely borne by Rabbul Mal

Accepted Answer

o

Question 20

The loss in a Mudarabah contract is entirely borne by Rabbul Mal

Accepted Answer

o

# 1

Multiple Choice

Mudarabah is a business between

# 2

OX

The losses resulting from liquidation should be recognised at the time of liquidation by reducing the mudarabah capital.

# 3

Short Answer

The party who will manage the asset in Mudarabah Financing is called as

# 4

Short Answer

Under AAOIFI FAS 3, Mudarabah financing provided by an Islamic bank to an entrepreneur is recorded as an ............. on the bank's balance sheet.