Question 1. Riba is many times misunderstood by Muslims and often the criticism on Islamic Finance meets and Riba Rumours. Entailing that discussion about Riba Rumours, please explain that whether there come the RIBA in the transaction, were a) Mr XYZ said that I have sold my money of 10000 on Murabaha sale basis with the Murabaha profits of 500. Mr XYZ argues that since sale is allowed in Islam, hence it is a Sharia Compliant transaction, and he should be allowed to proceed with this transaction. b) Ijara is allowed and works as the capital is given as a fixed asset (e.g. car, building) on monthly rent basis. At the end of transaction, the fixed asset is returned and the rent is taken as earnings. If fixed asset can earn rent, the currency can also undergo an Ijara transaction to yield interest as an earning on the transaction. So, the Riba can be allowed on the circumvention of Ijara transaction. Contract Riba (Yes/No) Transaction Allowed (Yes/No) Reason to allow/disallow a b (Please draw this table on your answer sheet. It is not acceptable on the question paper).