Sharia definition

Sharia means principles, precepts, and tenets of Islamic Law.
Sharia means the principles, precepts and tenets of Islamic law.
Sharia. Supervisory Board” means the body that formed by eminent scholars or jurists or experts of Islamic jurisprudence, Banking and finance, appointed by the Bank to obtain guidance on matters relating to functioning of the Bank on Islamic Banking principles.

Examples of Sharia in a sentence

  • Certain purchases of goods or services, such as alcohol, dealing in pork and pork related products, gambling, pornography or other illegal activities, are prohibited under the principles of Sharia.

  • This Agreement may be amended by Us in Our discretion or pursuant to the direction of the Sharia Board by giving the Cardmember 30-days prior notice (60 days in case of changing fees or charges).

  • The closure of such Accounts shall be conducted as per the AIFC rules, the legislation of the Republic of Kazakhstan, and Sharia.

  • When opening an Account, the Customer assumes the risks associated with opening and maintaining the Account, which may arise in connection with restrictions established by the AIFC authorities, government bodies of the Republic of Kazakhstan, and Sharia.

  • SAB The Saudi Awwal Bank Sharia Board Our Sharia supervisory board, responsible for providing Sharia opinion on, and certifying the SAB American Express Card products.


More Definitions of Sharia

Sharia. : means the Islamic law as interpreted to the extent provided for under the rules, principles and standards set by the Bank’s internal Sharia Supervisory Board.
Sharia means the set of rules, precepts, instructions, or edicts which are said to emanate directly or indirectly from the god of Allah or the prophet Mohammed and which include directly or indirectly the encouragement of any person to support the abrogation, destruction, or violation of the United States or Tennessee Constitutions, or the destruction of the national existence of the United States or the sovereignty of this state, and which includes among other methods to achieve these ends, the likely use of imminent violence. Any rule, precept, instruction, or edict arising directly from the extant rulings of any of the authoritative schools of Islamic jurisprudence of Hanafi, Maliki, Shafi’I, Hanbali, Ja’afariya, or Salafi, as those terms are used by sharia adherents, is prima facie sharia without any further evidentiary showing;
Sharia a Committee” means the Sharia’a Committee affiliated to the Fund Manager. “Unit” means any unit of the Fund.
Sharia means the laws, rules and principles of Sharia as interpreted and determined by the Sharia Advisor;
Sharia means Islamic law. ROA Vol. 20 at 987.
Sharia h” means the injunctions of Islam as laid down in Quran Majeed, Sunnah-e-Nabwi (Sallallaho Alaihe Wasallam), Ijma and Qias.
Sharia means the principles and standards of the Islamic Sharia (where applicable), issued by the Accounting and Auditing Organization for Islamic Financial Institutions as of the original date of this Note.