Neco 2022 Islamic Religious Studies Question 36
Practice objective / multiple choice question 36 from the 2022 Neco Islamic Religious Studies examination.
A modern financial transaction involves cryptocurrency. Scholars consider three possible sources to derive a ruling: the Qur'an, the Sunnah, and Ijma'. The Qur'an contains a verse prohibiting riba (interest). The Sunnah includes a hadith encouraging fairness in trade. The scholars have reached consensus (Ijma') that the principle of preventing harm applies. Using the hierarchy of sources, which source provides the primary basis for ruling that cryptocurrency trading is permissible, and what is the secondary supporting source?
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About This Question
This is Neco 2022 Islamic Religious Studies Question 36. It is one of the objective questions from the 2022 Neco Islamic Religious Studies examination.
Difficulty level: Medium .
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