Islamic Studies/Islamiat (Competitive Exams) MCQs
Topic Notes: Islamic Studies/Islamiat (Competitive Exams)
<p>MCQs and preparation resources for competitive exams, covering important concepts, past papers, and detailed explanations.</p>
Plato
- Biography: Ancient Greek philosopher (427–347 BCE), student of Socrates and teacher of Aristotle, founder of the Academy in Athens.
- Important Ideas:
- Theory of Forms
- Philosopher-King
- Ideal State
51
What role did Al-Shafi‘i play in economic jurisprudence?
Answer:
Systematized principles of fiqh al-mu‘amalat (commercial law)
Al-Shafi‘i codified legal methods that underpin modern Islamic commercial law.
52
According to Ibn Taymiyyah, what should determine market prices?
Answer:
Free exchange and justice
He argued that prices should emerge from mutual consent under just conditions.
53
What is the Islamic ruling on deceptive advertising?
Answer:
Prohibited as it constitutes fraud (Gharar)
Deceptive practices are haram as they involve falsehood and exploitation.
54
Who established the first public treasury (Bayt al-Mal)?
Answer:
Caliph Umar ibn al-Khattab (RA)
Umar established Bayt al-Mal for managing zakat, taxes, and public welfare.
55
What is 'Hisbah' intended to ensure in society?
Answer:
Moral regulation and social justice
Hisbah ensures ethical integrity in markets and community life.
56
What is the Islamic view on labor rights?
Answer:
Workers must be paid fairly and promptly
The Prophet ﷺ said: 'Give the worker his wages before his sweat dries.' (Ibn Majah)
57
What is the ethical principle guiding market trade?
Answer:
Mutual consent (Taradhi)
Mutual consent ensures fairness and prevents exploitation in contracts.
58
What does ‘Falah’ emphasize in Islamic economics?
Answer:
Success in this life and the Hereafter through justice
Falah integrates spiritual and material prosperity through righteousness.
59
Which scholar linked ethics, economics, and governance together?
Answer:
Al-Ghazali
Al-Ghazali tied economic behavior to moral and political responsibility.
60
What is 'Fard Kifayah' in economic terms?
Answer:
Collective duty to maintain essential industries and trades
Fard Kifayah applies to communal responsibilities such as trade, education, and defense.