Post Utme Uniosun 2020 Irs Question 7

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

Post Utme Uniosun 2020 Irs Objective / Multiple Choice
Question 7 POST_UTME_UNIOSUN • 2020 • IRS • objective

What is the significance of the Surah Al-Baqarah, verse 256, in the context of Islamic finance?

Answer Options

Correct Answer A. It prohibits the collection of interest on loans.
B. It allows for the collection of interest on loans.
C. It emphasizes the importance of charity and generosity in Islam.
D. It highlights the significance of social justice in Islamic teachings.
Correct Answer
A
Correct Option:
It prohibits the collection of interest on loans.

About This Question

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

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