Zakat and Islamic Economic System MCQs

1. What is Zakat in Islam?
(A) A form of voluntary charity
(B) A mandatory tax on wealth
(C) A type of fasting
(D) A pilgrimage ritual

2. What is the minimum wealth threshold (Nisab) for Zakat to be obligatory?
(A) Equivalent to 85 grams of gold or 595 grams of silver
(B) Equivalent to 100 grams of gold or 700 grams of silver
(C) Equivalent to 50 grams of gold or 500 grams of silver
(D) Equivalent to 200 grams of gold or 1,000 grams of silver

3. What percentage of wealth is required to be given as Zakat annually?
(A) 1%
(B) 2.5%
(C) 5%
(D) 10%

4. Which of the following is NOT a category of people eligible to receive Zakat?
(A) The poor
(B) The wealthy
(C) Those in debt
(D) Travelers in need

5. What is the term for voluntary charity in Islam?
(A) Zakat
(B) Sadaqah
(C) Khums
(D) Fidyah

6. Which Islamic economic principle prohibits the charging or paying of interest (Riba)?
(A) Zakat
(B) Sadaqah
(C) Halal trade
(D) Prohibition of Riba

7. What is the term for the Islamic practice of giving a portion of one’s income to the poor before Eid al-Fitr?
(A) Zakat al-Fitr
(B) Zakat al-Mal
(C) Sadaqah
(D) Khums

8. Which of the following is a key objective of the Islamic economic system?
(A) Maximizing profits
(B) Ensuring social justice and equitable distribution of wealth
(C) Encouraging monopolies
(D) Promoting interest-based banking

9. What is the term for the Islamic practice of sharing agricultural produce with the poor?
(A) Zakat al-Mal
(B) Zakat al-Fitr
(C) Ushr
(D) Khums

10. Which Islamic economic principle encourages trade and prohibits hoarding of wealth?
(A) Prohibition of Riba
(B) Prohibition of Gharar (uncertainty)
(C) Encouragement of Halal trade
(D) Prohibition of Israf (waste)