Sharia Prohibits "Gharar" Which Means "_____" and Includes Conventional Practices

question 35

Multiple Choice

Sharia prohibits "gharar" which means "_____" and includes conventional practices like short selling.

• A)interest rate
• B)uncertainty
• C)gambling
• D)lease
• E)partnership

Identify and explain the processes of asset valuation and depreciation.

Distinguish between types of donations and their purposes and management within nonprofit organizations.

Develop skills in financial analysis through understanding and applying financial ratios.

Understand the principles of internal control and its role in safeguarding assets.

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Definitions:

Overgrazing

the depletion of vegetation due to continuous feeding by an excessive number of grazers.

Agricultural Revolution

A period of significant technological, social, and economic changes in agriculture, leading to increased production and efficiency.

Desert

A barren area of landscape where little precipitation occurs, thus supporting only sparse vegetation and a limited range of animals due to harsh living conditions.

Information-Globalization Revolution

A period marked by the rapid spread of information technologies and the global integration of economies, cultures, and politics.