Which of the Following Are True with Regard to Islamic

question 38

Multiple Choice

Which of the following are true with regard to Islamic finance?

• A)Interest bearing transactions are allowed only when they do not relate to prohibited activities such as alcohol,or gambling.
• B)All interest-bearing transactions are prohibited.
• C)Interest can be charged only on mortgages or loans secured on assets such as houses.
• D)Interest can only be paid on savings not on loans.

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Definitions:

Injection

An injection is the act of administering a liquid, especially a drug, into a person's body using a needle and syringe.

Lab

Abbreviated as lab, it refers to a controlled environment designed for conducting scientific research, experiments, and tests.

Walk in/Open Hours-Pro

Refers to professional service hours during which individuals can receive services without a prior appointment.

Clustering-Pro

A method used in data analysis where a set of objects or points with similar characteristics are grouped together in clusters.