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{"ops":[{"attributes":{"bold":true},"insert":"Question: 4: "},{"insert":"\na.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Define Riba in the light of Quran and Hadith (At least 3 of each) \n"},{"attributes":{"bold":true},"insert":"Question: 5 :"},{"insert":"\na.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Explain the various types (Riba Al Nasiah, Riba Al Fadle, Commercial Interest, Usury, Simple Interest and Compound interest) of Riba.(2-3 lines for each)\nb.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u201cCommercial interest was not prevailed in the era of Holy Prophet (PBUH).\u201d Comments in the light of prohibition of Riba. (Up to one page)\nc.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u201cInterest is permissible with mutual consent\u201d Comments in the light of prohibition of Riba. (Up to one page)\n"},{"attributes":{"bold":true},"insert":"Question: 6: "},{"insert":"\na.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Define the Islamic law of contract (2-3 lines)\nb.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Explain the basic elements of an Islamic contract (2-3 lines for each)\nC.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Explain the scenarios under which an Islamic contract is termed void, defective, Disliked and valid (2-3 lines for each)\nD.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Define Uqood Muawadha and Uqood Ghair Muawadha with examples.(3-4 \u00a0\u00a0\u00a0lines for each)\n\n"}]}

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