All of the following statements about the attitude of Islam towards income and wealth are true EXCEPT:
A) human beings, as the owners of the earth's resources, have the free will to utilize the earth and its endowments as they wish
B) Islam encourages exerting effort to own wealth through legitimate investment
C) productive business activities are the preferred means for generating halal income and acquiring wealth
D) Muslims prefer Sharī'ah-compliant investments in order to purify their wealth and comply with their religious beliefs
Correct Answer:
Verified
Q52: Liquidity risk for investment funds arises from
Q53: Islamic fund managers essentially replicate some of
Q54: Islamic investment funds may enter into joint
Q55: Basically, there are no additional risk management
Q56: One important liquidity issue that Islamic fund
Q58: Due to the surplus of liquidity in
Q59: The conception of fund of funds may
Q60: Islamic fund management, as an infant industry,
Q61: Fund managers must do all the following
Q62: The following forms of interest are prohibited
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents