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Mudharabah Financing Game xx
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# 1

Multiple Choice

Mudarabah is a business between

  • Musyarik and Rabbul mal

  • Company and Customer


  • Mudarib and Rabbul mal

  • Mudarib and Company

<p><strong>Mudarabah is a business between</strong></p>

# 2

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.

  • Asset

  • assets

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

# 3

Multiple Choice

Define Mudharabah in one sentence

  • A partnership contract where both parties will manage the capital accordingly.

  • A sales-based contract where both parties earn profit in mutual share.

  • A loan contract between bank and customer.

  • A partnership where the rabb al-mal provides capital and the mudarib manages the business, and profits are shared based on a pre-agreed ratio.

<p><strong>Define Mudharabah in one sentence</strong></p>

# 4

Multiple Choice

The accounting for mudarabah is based on

  • IFRS 12

  • AAOIFI FAS 3

  • MPERS

  • AAOIFI FAS 5

<p><strong>The accounting for mudarabah is based on</strong></p>
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