# 1pilihan
When did the Islamic Financial Services Act (IFSA) 2013 come into force?
30 June 2013
1 January 2014
15 March 2013
1 July 2013
IFSA 2013
NURUL NABILAH
Perlawanan berpasukan
Universiti
Lain-lain
IFSA 2013
32
Universiti
Lain-lain
IFSA 2013
32
10 soalan
Allow incorrect answer
Sembunyikan jawapan
public kuiz
# 2pilihan
Which of the following is NOT a statute combined and replaced by IFSA 2013?
IBA 1983
Takaful Act 1984
Companies Act 1965
Payment Systems Act 2003
# 3pilihan
What is one of the key objectives of IFSA 2013?
To reduce taxes
To promote financial stability
To increase foreign investment
To abolish shariah compliance
# 4pilihan
Who has the authority to make rulings on shariah compliance under IFSA 2013?
The Prime Minister
The Ministry of Finance
Bank Negara Malaysia (BNM)
The Malaysian Parliament
# 5pilihan
What is the penalty for unauthorized business under IFSA 2013?
Imprisonment up to 5 years
Fine up to RM10 million
Imprisonment up to 10 years or a fine up to RM50 million
Community service
# 6pilihan
Which part of the IFSA 2013 deals with Shariah compliance?
Part II
Part IV
Part VI
Part IX
# 7pilihan
What is the role of the Shariah Committee under IFSA 2013?
To manage bank accounts
To ensure products are Shariah compliant
To approve loans
To set interest rates
# 8pilihan
What is an Islamic deposit as per IFSA 2013?
A loan with an interest
A sum of money accepted in accordance with Shariah
A traditional bank account
An investment in stocks
# 9pilihan
What distinguishes an Islamic Investment Account under IFSA 2013?
Guaranteed principal
Non-guaranteed principal
High interest rate
Government-backed
# 10pilihan
What does the Shariah audit ensure under IFSA 2013?
Legal compliance only
Shariah compliance of operations
Profit maximization
Customer satisfaction
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