Islamic Shariah definition

Islamic Shariah means the provisions of Islamic law derived from the Holy Qur’an, Prophetic Tradition
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Islamic Shariah means Islamic laws and principles. “Legal Owner” means
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Islamic Shariah means the legal system of Islam based on Islamic Law;
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Examples of Islamic Shariah in a sentence

  • All activities of the Fund are undertaken in accordance with the Islamic Shariah as per the guidelines given by Shariah Advisory Board of the Fund.

  • Furthermore, all Investments of the Fund Property shall be in accordance with the Islamic Shariah as advised by the Shariah Advisor.

  • In the event of any conflict between the Deed and the Rules or Regulations and Circulars issued by SECP, the latter shall supersede and prevail over the provisions contained in the Deed in so far the same do not conflict with the Islamic Shariah.

  • The Fund is entitled to obtain financing that is compatible with Islamic Shariah, provided that the borrowing exposure does not exceed 10% of its net asset value, according to the absolute discretion of the Fund Manager except for borrowing from the Fund Manager or any of its subsidiaries to cover the redeemed amounts.

  • Where a person who is liable to file a tax return or pay any amount of tax for a tax year dies during that year, the person who assumes the charge of the deceased person’s tax obligations as required by the law or under Islamic Shariah, shall file a tax return and pay the amount of tax payable up to the date of death of the deceased person, in accordance with the Regulation made pursuant to this Act.

  • The income on such financing is recognised in accordance with the principles of Islamic Shariah.

  • All Investments of the Fund shall be in adherence to the Islamic Shariah.

  • For the purpose of Section 28(a)(2) of the Act, where a minor’s father is deceased, the guardian of that child shall be a person determined in accordance with Islamic Shariah.

  • It is possible that adherence to the Islamic Shariah will cause the Fund to perform differently from funds with similar objectives, but that are not subject to the requirements of Islamic Shariah.

  • The composite would strictly follow Islamic Shariah in selection of investments under the supervision of its Shariah Advisory Board.


More Definitions of Islamic Shariah

Islamic Shariah means divine guidance as given by the Holy Qur’an and the Sunnah of Prophet Muhammad (PBUH) and embodies all aspects of the Islamic faith, including beliefs, practices, rules and principles.
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Islamic Shariah means a body of Islamic divine law and jurisprudence as developed and interpreted by Islamic scholars.
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Related to Islamic Shariah

  • Legg Mason means Legg Mason, Inc. and its subsidiaries and affiliates.

  • Shariah means divine guidance as given by the Holy Qur'an and the Sunnah of Holy Prophet Muhammad (PBUH) and embodies all aspects of the Islamic faith, including beliefs, practices, rules and principles as per the interpretation of the Shariah Advisor of the fund.

  • Brookfield means Brookfield Asset Management Inc.;

  • Locked-Up Shareholders means the Persons who are party to the Lock-Up Agreements.

  • LPN means licensed practical nurse.

  • NATA means the National Association of Testing Authorities, Australia;

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  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • minibus means any motor vehicle having a seating capacity of not less than seven nor more than

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  • CVC means Citicorp Venture Capital, Ltd., a New York corporation.

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • PSLRA means the Private Securities Litigation Reform Act of 1995, 15 U.S.C. § 78u-4, as amended.

  • ESBD means the Electronic State Business Daily, the electronic marketplace where State of Texas bid opportunities over $25,000 are posted. The ESBD may currently be accessed at http://www.txsmartbuy.com/sp.

  • QFII means a qualified foreign institutional investor approved pursuant to the relevant PRC regulations (as amended from time to time).

  • Flexible vinyl adhesive means an aerosol adhesive designed to bond flexible vinyl to substrates. Flexible vinyl means a nonrigid polyvinyl chloride plastic with at least five percent, by weight, of plasticizer content. A plasticizer is a material, such as a high boiling point organic solvent, that is incorporated into a vinyl to increase its flexibility, workability, or distensibility, and may be determined using ASTM Method E260-91 or from product formulation data.

  • Company Equity Plans means the Company’s 1994 Stock Option Plan, 1998 Stock Option Plan, 2000 Stock Option Plan, 2003 Equity Incentive Plan and 2005 Equity Incentive Plan, each as may be amended from time to time, and any stock option agreements, award notices, stock purchase agreements or other agreements or instruments executed and delivered pursuant thereto.

  • inland waters means the navigable waters of the United States shoreward of the navigational demarcation lines dividing the high seas from harbors, rivers, and other inland waters of the United States and the waters of the Great Lakes on the United States side of the International Boundary;

  • Steep slope means any slope above twenty degrees or such lesser slope as may be defined by the chief after considering soil, climate, and other characteristics of a region.

  • Company Equity Plan means any management equity or stock option or ownership plan or any other management or employee benefit plan of the Company or any Subsidiary of the Company.

  • Quadriplegia means total Paralysis of both upper and lower limbs. “Hemiplegia” means total Paralysis of the upper and lower limbs on one side of the body. “Uniplegia” means total Paralysis of one lower limb or one upper limb. “Paraplegia” means total Paralysis of both lower limbs or both upper limbs. “Paralysis” means total loss of use. A Doctor must determine the loss of use to be complete and not reversible at the time the claim is submitted.

  • EAG clause 35;

  • ASA means the Auction Settlement Amount (or Cash Settlement Amount, as the case may be) determined under the Credit Default Swap Transaction;

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • Forestland means land primarily devoted to growing trees

  • Cropland means land used for the production of adapted crops for harvest, alone or in a rotation with grasses and legumes, and includes row crops, small grain crops, hay crops, nursery crops, orchard crops, and other similar specialty crops.