Mudharabah Financing Game xx

Question 1

Mudarabah is a business between

Accepted Answer

2

Question 2

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

Accepted Answer

assets

Question 3

Define Mudharabah in one sentence

Accepted Answer

3

Question 4

The accounting for mudarabah is based on

Accepted Answer

1

Question 5

The profit between Mudarib and Rabbul Mal is based on

Accepted Answer

2

Question 6

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

Accepted Answer

3

Question 7

Choose the correct answer for principles of Mudarabah

Accepted Answer

3

Question 8

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

Accepted Answer

2

Question 9

Payment by installments is generally allowed in a Mudarabah contract.

Accepted Answer

o

Question 10

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 11

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

Accepted Answer

0

Question 12

The profit-sharing ratio in Mudarabah Financing is based on a fixed amount

Accepted Answer

x

Question 13

Example of moral hazard risk in Mudarabah

Accepted Answer

1

Question 14

Under MFRS/IFRS, profit from a Mudarabah Financing venture may be recognized using

Accepted Answer

0

Question 15

The profit-sharing ratio is allowed to be changed after the contract starts.

Accepted Answer

x