STPM Pengajian Syariah Kontemporari 930 Practice Questions - Sijil Tinggi Persekolahan Malaysia (STPM) - Pengajian Syariah Kontemporari Contemporary Shariah Studies (930) Exam

Which statement best defines *riba* in Islamic commercial law?

An unjustified increase or excess stipulated in a loan or certain exchange contracts without a Shariah-recognised counterpart Any profit earned from a lawful sale of goods A voluntary gift (hibah) given after a transaction A government tax charged on imports

Correct Answer:

An unjustified increase or excess stipulated in a loan or certain exchange contracts without a Shariah-recognised counterpart

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