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The MCQs below are drawn from the Islamic Studies subject category.
Showing 241–250
of 4445 MCQs
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241
Which modern framework guides Islamic development economics?
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Correct Option
Explanation
Development is defined by fulfilling maqasid objectives, not mere economic growth.
242
What is the Islamic view on economic freedom?
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Explanation
Islam balances individual freedom with moral and social responsibility.
243
Which instrument is central to interest-free monetary policy?
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Explanation
Profit-sharing contracts allow liquidity management without violating Shariah.
244
What is the Qur’anic basis for economic moderation?
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Correct Option
Explanation
Qur’an promotes balance and moderation in spending — neither wasteful nor stingy.
245
What role does morality play in Islamic economics?
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Explanation
Ethics are inseparable from economics, as wealth must be earned and used righteously.
246
What does Islamic fiscal policy emphasize?
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Explanation
Fiscal policy in Islam prioritizes justice, zakat collection, and public good.
247
Which Islamic economist proposed integrating maqasid al-shari‘ah into modern policy?
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Explanation
Dr. Jasser Auda emphasized maqasid-based policy design for ethical and effective governance.
248
What is the Islamic perspective on globalization?
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Explanation
Globalization is acceptable if it promotes equity, justice, and moral conduct.
249
What is the function of Waqf in modern Islamic economies?
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Explanation
Waqf endowments sustain social welfare, education, and healthcare without interest-based funding.
250
Who wrote 'Iqtisaduna'?
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Correct Option
Explanation
Al-Sadr’s ‘Iqtisaduna’ systematically presents Islamic economics as a divine alternative to capitalism and socialism.