Islamic Economy
Allah (SWT)
True or false. The Quran provides details about fiscal policy.
False. The Qu'ran simply provides the basic financial guidelines and economic principles on which the fiscal policies would be formulated.
Who was the first person to build the kaba? Who rebuilt it?
Adam (AS) first built it. Ibrahim & Ismail rebuilt it?
How do you say Spain in Arabic?
Al-Andalus
True or false. If you gamble, but intend to give most of the money to an Islamic institution, you have purified the wealth, and it is halal.
False.
Who is the ultimate provider of income, profit, and wealth?
Allah (SWT)
What is the difference between zakat and sadaqa? Be specific.
Zakat is an obligatory wealth tax of 2.5%. Sadaqa is not obligatory, but strongly encouraged.
What was the first masjid built in Madinah?
Masjid Quba
How long did Muslims rule in Spain?
8 centuries
False. Islamic economic principles are neither fully capitalistic in nature, not exclusively socialist in spirit. This system recognizes individual wealth, supports fair earnings, takes care of the poor and destitute in society, balances earnings and expenses, directs the fair distribution of wealth, promotes enterprise, and prevents the destruction and waste of resources.
True or False. It is practically impossible for each person in the world to have an equal amount of wealth. Unequal amounts of wealth not only create diversity, but it also brings about social interaction, promotes business, supports enterprise, and advances civilization.
True
Who was the first khalifa to make revolutionary changes in public finance politics in, accordance with the Quran and sunnah?
Omar (RA)
What is the difference between a mihrab and mimbar?
The mihrab projects forward into the main wall. The mimbar is where the imam stands to make khutba.
Give an example of one Muslim contribution in Spain.
Architecture, literature, poetry, science, medicine. Attempts at flying devices, floating devices, surgical procedures, water mills, domestic water systems,
What was the name of the capital city in Spain during the Umayyad Caliphate?
Qurtuba/Cordoba
False
Give one example of financial assistance did Islam instituted.
Soical security, pension, rations, grants, etc.
What is the minaret and who first performed on it?
A tall structure that provides a visual signal from a distance about the location of a masjid. Bilal (RA) was the first to make adhan.
The Christian Reconquista
What surah in Juz Am'ma talks about feeding the orpans and needy?
Surah Ma'un
Name 3 examples of spending money in a halal way and 3 examples of spending money in a haram way.
Halal - Family, charity, fun, food, feeding animals, investing, etc.
Haram - Alcohol, bribery, gambling, cheating, embezzlement, etc.
What is the difference between fard ayn and fard kifayah?
Fard ayn is an individual obligation. Fard kifayah is a communial obligation.
Name an art form created by Muslims.
Geometric art style, Islamic caligraphy, architecture
Before Muslims entered Spain in the 8th century, which group of people lived there?
The Visigoths
Riba, or interest, is okay as long as it is under 2.5%.
False. Riba is forbidden, even in the West where it is very difficult to avoid.