1) The literal meaning of the word 'riba' is?

1. Excess.
2. Islamic Law.
3. Loan.
4. Credit.

2) Which of the following forms of 'riba'  is permissible in Islam?

1. The application of interest on loans to help the poor and needy.
2. Earning interest from back deposits.
3. Interest paid on credit-card debt.
4. None of the above.

3) Identify a correct statement about riba.

1. Riba leads to equitable distribution of wealth in the society.
2. Christianity is the only religion that prohibits riba.
3. All forms of riba have been mentioned in the Quran.
4. Riba widens the gap between the rich and the poor.

4) Islam prohibits riba. Its wisdom includes:

1. prevention of hoarding.
2. encouragement of broad-based development.
3. prevention of socio-economic and distributive injustice.
4. prevention of economic instability.
5. All of the above.

5) Select a true statement.

1. The Quran mentions both types of riba.
2. The Sunnah is silent on the subject of riba.
3. Riba al-Fadl  can be translated as “riba of surplus”.
4. Riba an-Nasiah is the permissible form of riba.