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Which of the following statements is most accurate? Faith-based Islamic investors:
Suggested Answer: C
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Faith-based Islamic investors follow Shariah principles, which prohibit investments in industries such as gambling, alcohol, and those earning interest (riba). (ESGTextBook[PallasCatFin], Chapter 1, Page 31)
31 comments · newest first
OL
Olive
10 months ago
B sounds a bit too risky for faith-based investors.
LA
Layla
11 months ago
C aligns perfectly with Islamic finance principles.
MA
Malcom
11 months ago
Wait, can they really invest in gambling? That seems off.
YO
Yong
11 months ago
I disagree, A could be a possibility in some interpretations.
JO
Josephine
11 months ago
C is definitely the right choice.
TO
Toshia
11 months ago
I’m leaning towards C as well; it aligns with what we learned about ethical investing in Islam.
EV
Evangelina
12 months ago
A seems unlikely since gambling is generally not allowed in Islamic finance, but I’m a bit confused about the specifics.
VI
Viki
12 months ago
I remember a practice question that mentioned Islamic finance prohibits interest, so I feel like B can't be correct.
MA
Mary
12 months ago
I think C is the right answer because Islamic investors typically follow Shariah principles, but I'm not completely sure.
RO
Rozella
12 months ago
I feel like I should know this, but I'm drawing a blank. I'll have to go back and review the key principles of Islamic finance before answering this. Definitely don't want to guess on this one.
KE
Kent
12 months ago
Okay, let me see. I know that Islamic investing avoids things like gambling and interest-bearing investments, so A and B are probably not correct. I'm leaning towards C, but I want to double-check that to be sure.
JE
Jeannetta
1 year ago
Hmm, I'm a bit unsure about this one. I know that Islamic investing has some restrictions, but I can't remember the specifics off the top of my head. I'll need to think this through carefully.
CA
Carma
1 year ago
This question seems pretty straightforward. I'm pretty confident that the correct answer is C - faith-based Islamic investors look to invest in line with Shariah principles.
AN
Antione
2 years ago
Option C is the most accurate statement. Islamic investors need to be on their best behavior when it comes to their investments, or they might end up with a heavenly audit.
JU
Junita
2 years ago
C is the obvious choice here. Shariah principles are like the financial Ten Commandments for Muslim investors. No way they're getting a get-out-of-jail-free card on the interest or gambling stuff.
MA
Ma
2 years ago
Haha, imagine an Islamic investor trying to invest in a casino - that's a recipe for some divine retribution! C is definitely the way to go.
KR
Krissy
2 years ago
Definitely C, can't go against your beliefs when investing.
EL
Ellsworth
2 years ago
C) look to invest in line with Shariah principles.
GA
Galen
2 years ago
B) may own investments that pay interest.
ES
Estrella
2 years ago
A) may invest in gambling companies.
EM
Emily
2 years ago
But what about option B? Some may argue that owning investments that pay interest is not allowed.
PA
Pauline
2 years ago
I agree with Tijuana, Islamic investors follow Shariah principles.
TI
Tijuana
2 years ago
I think the most accurate statement is C.
MA
Marla
2 years ago
I'm pretty sure C is the correct answer. Faith-based Islamic investors are required to invest in line with Shariah principles, which prohibit investments in gambling and interest-bearing activities.
PE
Peter
2 years ago
It's important for investors to align their investments with their beliefs.
VI
Vinnie
2 years ago
Investing in gambling companies goes against Islamic principles.
AD
Adelina
2 years ago
That's right, faith-based Islamic investors follow Shariah principles.
CO
Cordelia
2 years ago
C is definitely the most accurate statement. Islamic investors follow specific guidelines when making investment decisions.
MA
Mari
2 years ago
Yes, that's right. Investing in line with Shariah principles is important for faith-based Islamic investors.
LO
Loreta
2 years ago
I agree, C is the correct answer.
MA
Maynard
2 years ago
I agree, C is the correct answer. Shariah principles guide Islamic investors in their investment choices.