Shariah Compliant definition

Shariah Compliant means any activity that is in accordance with the Islamic Shariah as advised by the Shariah Advisor.

Shariah Compliant means in accordance to Shariah principles as determined by the Shariah Committee of HLISB and approved by the Shariah Advisory Council of Bank Negara Malaysia

Shariah Compliant means any activity that is in accordance with Islamic Shariah;

Examples of Shariah Compliant in a sentence

• Alfalah GHP Islamic Prosperity Planning Fund (AGPIPPF) is an Open-ended Shariah Compliant Fund of Funds Scheme that aims to generate returns on investment as per the respective Allocation Plan by investing in Shariah compliant Mutual funds in line with the risk tolerance of the investor.

• Composite Description Equity Composite includes the Equity Mutual Funds that aim to provide investors with maximum total return from investment in "Shariah Compliant" investments for the given level of risk.

• The Scheme shall invest in a blend of short, medium and long term Shariah Compliant Islamic Income instruments.

• In deciding whether to trade or otherwise invest in Shariah compliant products (including Shariah Compliant Securities), the Client undertakes to satisfy himself/ herself/itself that investing in such products will not contravene Shariah principles and to consult his/her/its own Shariah advisors as to whether investing in such products is compliant or not with Shariah.

• INVESTMENT POLICY, RESTRICTIONS, RISK DISCLOSURE AND DISCLAIMER 8.1. Objective The objective of introducing Alfalah GHP Islamic Pension Fund is to provide individuals with a portable, individualized, Shariah Compliant, funded (based on defined contribution) and flexible pension scheme which is managed by professional investment manager to assist them to plan and provide for their retirement.

More Definitions of Shariah Compliant

Shariah Compliant means any activity that is in accordance with the Islamic Shariah.

Shariah Compliant means conformance to shariah principles in line with guidance, rulings and, where applicable, Fatwas by our Shariah Advisor;

Shariah Compliant means any activity that is approved by the Shariah Advisor or Shariah Advisory Board to be in accordance with the Islamic Shariah.

Shariah Compliant means any activity that is in accordance with the Shariah.

Shariah Compliant means an activity in compliance with Shariah rules and principal as interpreted by the Shariah Supervisory Board.

Shariah Compliant means, in relation to an asset or a contract, that such asset or contract is classified as complying with and being maintained in accordance with Shariah principles, as evidenced at the time of acquisition of such asset or entry into such contract by an approval of the ABN AMRO Shariah Board covering the acquisition of such asset or the entry into such contract;

Shariah Compliant means any activity that is approved by the Shariah Council to be in accordance with the Islamic Shariah.