Hadiths on Economic & Business Ethics MCQs with Answer
Which Hadith encourages honesty in trade?
A) “The truthful and trustworthy merchant will be with the prophets, the truthful, and the martyrs.”
B) “Wealth is the root of all evil.”
C) “Business is only for the rich.”
D) “Trade is a worldly affair with no religious significance.”
What does Prophet Muhammad (PBUH) say about cheating in trade?
A) “Cheating is a necessary skill in business.”
B) “Whoever cheats is not one of us.”
C) “Deception is acceptable in small amounts.”
D) “Honesty is for religious affairs, not business.”
Which Hadith warns against hoarding goods to manipulate prices?
A) “The hoarder is cursed.”
B) “The best businessman is the one who maximizes profit.”
C) “Market control benefits the economy.”
D) “Wealth should remain with the elite.”
According to a Hadith, what is the most blessed earning?
A) Inheritance
B) A truthful and honest trade
C) Gambling profits
D) Interest-based transactions
Which Hadith discourages delaying payment of debts?
A) “The rich debtor who delays repayment commits injustice.”
B) “Debt is only a worldly matter.”
C) “Loans do not require timely repayment.”
D) “Paying debts should be avoided.”
What did the Prophet (PBUH) say about weighing and measuring correctly in business?
A) “Give full measure and weight in justice.”
B) “It is acceptable to reduce weight for profit.”
C) “Measurement is not essential in trade.”
D) “Profit justifies any trade practice.”
Which Hadith emphasizes the prohibition of interest (riba)?
A) “Allah has permitted trade and forbidden riba.”
B) “Riba is a small matter in business.”
C) “Taking interest is better than losing money.”
D) “Interest is only forbidden in large transactions.”
According to Hadith, how does charity (Sadaqah) affect wealth?
A) “Charity does not decrease wealth.”
B) “Giving charity leads to bankruptcy.”
C) “Charity should only be given to close relatives.”
D) “The poor should not receive charity.”
Which Hadith mentions that businessmen who deal honestly will be with the Prophets?
A) “The honest trader is like a warrior in battle.”
B) “The truthful merchant will be with the prophets, the truthful, and the martyrs.”
C) “Deception is necessary for success in business.”
D) “The businessman is separate from the religious affairs.”
What does the Prophet (PBUH) say about monopolies?
A) “The monopolist is a sinner.”
B) “Monopolies are good for economic stability.”
C) “Only rulers should have monopolies.”
D) “Monopolies ensure fair pricing.”
What is the Islamic stance on bribery in business?
A) “Both the giver and taker of bribery are cursed.”
B) “Bribery is allowed in urgent situations.”
C) “Bribes are necessary for business growth.”
D) “Bribery is only wrong if exposed.”
According to Hadith, what is better than excessive wealth?
A) “A little that suffices is better than much that distracts.”
B) “More wealth leads to greater happiness.”
C) “Greed is a sign of intelligence.”
D) “Wealth is more important than worship.”
Which Hadith advises against swearing falsely in business transactions?
A) “False oaths sell goods but erase blessings.”
B) “Oaths should be used frequently in trade.”
C) “A successful businessman must deceive customers.”
D) “Truthfulness is only needed in religious matters.”
How does Islam encourage work and earning through lawful means?
A) “The best food a man eats is from his own labor.”
B) “It is better to rely on charity than work.”
C) “Wealth should only be inherited.”
D) “Business is only for experts.”
Which Hadith emphasizes fair wages for workers?
A) “Pay the worker his wages before his sweat dries.”
B) “Delaying wages benefits the employer.”
C) “Workers should not demand payment.”
D) “Wages are only necessary for the rich.”
According to Hadith, how should debts be repaid?
A) “The best among you is the one who repays debts in the best manner.”
B) “Debts should only be paid when convenient.”
C) “Loan forgiveness is unnecessary.”
D) “Debt repayment is optional in Islam.”
Which Hadith warns against greed in business?
A) “If the son of Adam had two valleys of gold, he would desire a third.”
B) “Greed leads to success in trade.”
C) “Wealth must be accumulated at all costs.”
D) “There is no limit to human desires.”
What does Islam say about fair pricing?
A) “The best seller is the one who is lenient in price and demand.”
B) “High prices bring more blessings.”
C) “Cheating in prices is permissible.”
D) “Raising prices unfairly is a sign of intelligence.”
What is the ruling on selling forbidden (haram) goods in Islam?
A) “Allah has cursed alcohol, its seller, and its buyer.”
B) “Selling forbidden items is necessary in trade.”
C) “Business ethics do not apply to haram goods.”
D) “Haram earnings can be purified through charity.”
Which of the following best summarizes business ethics in Islam?
A) “Trade with honesty, justice, and trust in Allah.”
B) “Profit is the only goal of business.”
C) “Business has no place in religion.”
D) “Deception is necessary in trade.”