Post Utme Unilorin 2020 Irs Question 7

Practice objective / multiple choice question 7 from the 2020 Post Utme Unilorin Irs examination.

Post Utme Unilorin 2020 Irs Objective / Multiple Choice

Question 7 POST_UTME_UNILORIN • 2020 • IRS • objective

In the context of Islamic jurisprudence, what is the significance of the Hadith of the Prophet Muhammad (peace be upon him) regarding the prohibition of usury?

Correct Answer A. It is a source of Islamic law

B. It is a means of raising revenue for the state

C. It is a way of punishing those who engage in usury

D. It is a reminder of the importance of fairness in business transactions

Correct Answer

Correct Option:

It is a source of Islamic law

This is Post Utme Unilorin 2020 Irs Question 7. It is one of the objective questions from the 2020 Post Utme Unilorin Irs examination.

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