SHARIAH COMPLIANCE Sample Clauses

SHARIAH COMPLIANCE. It is hereby agreed and declared that the structure of the Facility and all Security Documents relating to the Facility have been reviewed and approved in principle by the Shariah Committee of the Bank. FIRST SCHEDULE (which shall be taken and construed as an integral part of this Agreement) Item Matter Particulars
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SHARIAH COMPLIANCE. Each of EI Sukuk Company Ltd. and Emirates Islamic Bank PJSC hereby agrees that it has accepted the Shariah compliant nature of the Transaction Documents to which it is a party and, to the extent permitted by law, further agrees that:
SHARIAH COMPLIANCE. It is hereby agreed and declared that this Agreement relating to the Account have been reviewed and approved in principle by the Shariah Committee of the Bank, and have further and subsequently been reviewed and approved in principle by the Shariah Advisory Council of Bank Negara Malaysia. This section is intentionally left blank IN WITNESS WHEREOF the Parties hereto have hereunto set their hands the day and year first written above. Signed for and on behalf of By its Authorised Representative AL RAJHI BANKING & INVESTMENT CORPORATION (MALAYSIA) BHD (719057-X) In the presence of Name: Designation: ACCOUNT HOLDER Signed by Name: NRIC No.: In the presence of Signature JOINT ACCOUNT HOLDERS Signed by Name: NRIC No.: Signature Name: NRIC No.: In the presence of LIMITED COMPANY Signed for and on behalf of By its Authorised Representative Name: In the presence of Name: Designation: PARTNERSHIP Signed for and on behalf of By its Authorised Representative Name: In the presence of Name: Designation: SOLE PROPRIETORSHIP Signed for and on behalf of By its Authorised Representative Name: In the presence of Name: Designation: CLUB, SOCIETIES, ASSOCIATION Signed for and on behalf of By its Authorised Representative Name: In the presence of Name:
SHARIAH COMPLIANCE. It is hereby agreed and declared that this Agreement relating to the Account have been reviewed and approved in principle by the Shariah Committee of the Bank, and have further and subsequently been reviewed and approved in principle by the Shariah Advisory Council of Bank Negara Malaysia. This section is intentionally left blank IN WITNESS WHEREOF the Parties hereto have hereunto set their hands the day and year first written above. Signed for and on behalf of By its Authorised Representative AL RAJHI BANKING & INVESTMENT CORPORATION (MALAYSIA) BHD (719057-X) In the presence of Name: Designation: ACCOUNT HOLDER Signed by Name: NRIC No.: In the presence of Signature JOINT ACCOUNT HOLDERS Signed by Name: NRIC No.: Signature Name: NRIC No.: In the presence of Signature CLUB, SOCIETIES, ASSOCIATION Signed for and on behalf of By its Authorised Representative Name: Registration No.: In the presence of
SHARIAH COMPLIANCE. (a) The Customer hereby agrees, confirms and acknowledges that this Agreement and any transaction entered into pursuant to this Agreement are subject to and in conformity with Shariah principles, as ascertained by the BNM Shariah Advisory Council (“SAC”) and/or any other authority having jurisdiction over the Bank.
SHARIAH COMPLIANCE. The Fund invests only in Shariah compliant companies and its Shariah-screening may exclude some securities with a potential for high expected return. If an underlying security ceases to remain Shariah-compliant, the Fund Manager may have to liquidate it at an adverse price. Foreign Currency Fluctuations in currency exchange rates of underlying securities may cause the value of units to increase or decrease, as the case may be Liquidity As the Fund Manager has limited the maximum redeemable amount on each dealing day to 10% of the Fund’s net assets, the investor’s redemption order may not be executed in full. The Fund is not a deposit with local bank sponsoring, selling or otherwise affiliated with the investment fund. The Fund’s unit prices may therefore go down as well as up and, upon redemption, an investor may not receive the full amount he had invested. The investor acknowledges that the Fund Manager has made the investor aware of, and that the investor understands, the risks inherent in investing and/or trading in securities and other investments, resulting in the possible loss of principal.
SHARIAH COMPLIANCE. The Fund invests only in Shariah compliant companies and its Shariah-screening may exclude some securities with a potential for high expected return. If an underlying security ceases to remain Shariah- compliant, the Fund Manager may have to liquidate it at an adverse price.
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SHARIAH COMPLIANCE. The General Partner xxxxxx confirms that a Shariah Advisor has been appointed to assist the General Partner in ensuring Shariah compliance of the Partnership’s investments and activities through advising on the relevant Shariah Compliance Requirements. The General Partner also confirms that a Shariah Auditor has been appointed to conduct regular external Shariah audits at least on an annual basis, and issue an annual statement, where applicable, as to the Shariah compliance of the Partnership during the relevant period. The General Partner shall ensure that the Partnership has a Shariah Advisor and a Shariah Auditor to ensure that the Shariah Compliance Requirements are adhered to.

Related to SHARIAH COMPLIANCE

  • CEQA Compliance The District has complied with all assessment requirements imposed upon it by the California Environmental Quality Act (Public Resource Code Section 21000 et seq. (“CEQA”) in connection with the Project, and no further environmental review of the Project is necessary pursuant to CEQA before the construction of the Project may commence.

  • FERPA Compliance In connection with all FERPA Records that Contractor may create, receive or maintain on behalf of University pursuant to the Underlying Agreement, Contractor is designated as a University Official with a legitimate educational interest in and with respect to such FERPA Records, only to the extent to which Contractor (a) is required to create, receive or maintain FERPA Records to carry out the Underlying Agreement, and (b) understands and agrees to all of the following terms and conditions without reservation:

  • OSHA Compliance To the extent applicable to the services to be performed under this Agreement, Contractor represents and warrants, that all articles and services furnished under this Agreement meet or exceed the safety standards established and promulgated under the Federal Occupational Safety and Health Law (Public Law 91-596) and its regulations in effect or proposed as of the date of this Agreement.

  • Law Compliance In providing the SOLID WASTE HANDLING SERVICES required by this AGREEMENT, CONTRACTOR shall observe and comply with all applicable federal and, state laws, regulations and codes regarding the provision of the SOLID WASTE HANDLING SERVICES described herein, as such may be amended from time to time, including where required by such laws, the funding and maintenance of sufficient closure and post-closure maintenance financial assurances for any landfill operated or utilized by CONTRACTOR for disposal of the SOLID WASTE. Any violation of this Paragraph shall constitute a major breach.

  • HIPAA Compliance If this Contract involves services, activities or products subject to the Health Insurance Portability and Accountability Act of 1996 (HIPAA), the Contractor covenants that it will appropriately safeguard Protected Health Information (defined in 45 CFR 160.103), and agrees that it is subject to, and shall comply with, the provisions of 45 CFR 164 Subpart E regarding use and disclosure of Protected Health Information.

  • PCI Compliance A. The Acquiring Bank will provide The Merchant with appropriate training on PCI PED and/or DSS rules and regulations in respect of The Merchants obligations. Initial training will be provided and at appropriate intervals as and when relevant changes are made to such rules and regulations.

  • Xxxxxx Compliance The Union shall comply with the requirements set forth in Chicago Teachers Union x. Xxxxxx, 475 U.S. 292 (1986) for the deduction of agency shop fees. Annually, the Union shall certify in writing to the City that the Union has complied with the requirements set forth in this section and in Xxxxxx, 475 U.S. 292.

  • ETHICS COMPLIANCE All Bidders/Contractors and their employees must comply with the requirements of Sections 73 and 74 of the Public Officers Law, other State codes, rules, regulations and executive orders establishing ethical standards for the conduct of business with New York State. In signing the Bid, Bidder certifies full compliance with those provisions for any present or future dealings, transactions, sales, contracts, services, offers, relationships, etc., involving New York State and/or its employees. Failure to comply with those provisions may result in disqualification from the Bidding process, termination of contract, and/or other civil or criminal proceedings as required by law.

  • Program Compliance The School Board shall be responsible for monitoring the program to provide technical assistance and to ensure program compliance.

  • PCI-DSS Compliance Merchant shall be in full compliance with rules, regulations, guidelines and procedures adopted by any Card Association or Payment Network relating to the privacy and security of Cardholder and Card transaction data, including without limitation the most up-to-date version of the Payment Card Industry Data Security Standard (PCI-DSS), as amended from time to time by the Payment Card Industry Security Standards Council. Detailed information pertaining to aforementioned requirements may be found at xxxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx. Additional information regarding security requirements may be found on the Card Association’s respective web sites.

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