YOU CAN DOWNLOAD 200+ SUBJECTS PDF BOOK FOR COMPETITIVE EXAMINATIONS
Islamic consumer financing
Question 1 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
BBA refers to:
sales with on the spot payment | |
sales with deferred payment | |
sales with markup price | |
leasing ending with purchase |
Question 2 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
In BBA, the agreement that reflects the act of the bank selling the property to the customer is:
Property Purchase Agreement | |
Property Sales Agreement | |
Deed of Assignment | |
Charge Document |
Question 3 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
In BBA, "n" refers to:
total number of installments | |
total number of selling installments | |
total number of grace period installments | |
total number of periodic payments |
Question 4 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
The 2 contracts used in Musyarakah Mutanaqisah are:
Sales and purchase contract | |
Leasing contract | |
Profit sharing contract | |
correctchoice Partnership contract |
Question 5 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
At the end of the Musyarakah Mutanaqisah financing:
Bank will have 100% ownership of the asset | |
Customer and bank will have share ownership in the asset | |
Customer will have partial ownership of the asset | |
Bank will have 0% ownership in the asset |
There are 5 questions to complete.