Shariah Supervisory Board definition

Shariah Supervisory Board means our Shariah supervisory board.
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Shariah Supervisory Board means the board appointed by the Money Manager and theManager for the purposes of ensuring that the aims, objects, business, affairs, activities and operations of the Old Mutual Global Islamic Equity Fund are in compliance with Shari’ah. A compliance with any ruling of the Shari’ah Supervisory Board in respect of a particular matter or issue shall be deemed to be in compliance with Shari’ah in respect of that matter or issue, for all purposes.
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Shariah Supervisory Board means a body of Shariah experts who certifies the securities/ assets as Shariah compliant.
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Examples of Shariah Supervisory Board in a sentence

  • The Parties agree to submit to the exclusive jurisdiction of the DIFC courts any dispute or difference which may arise out of or in connection with this Agreement as long as these laws are not contradicting the principles of Shariah as interpreted by the Shariah Supervisory Board.

  • Any instrument, of whatever legal form, that proves a stock in a tradable financing process authorized by the Authority, in accordance with the teachings of Islamic Shariah as approved by the Shariah Supervisory Board.

  • The Bank has the right to choose charitable organizations that benefit from these amounts after the approval of Shariah Supervisory Board.

  • Further details regarding the members of the Shariah Supervisory Board of SG DIFC are available on request by sending an email to the following address: XX-Xxxxxxxxxxxxx@xxxxx.xxx.

  • Sale Transaction at the then prevailing rates offered by us for Murabaha Deposits in a new Sale Transaction in accordance with the murabaha process approved by our Shariah Supervisory Board.

  • The Shariah Supervisory Board of SG DIFC consists of five (5) members.


More Definitions of Shariah Supervisory Board

Shariah Supervisory Board means independent supervisory or advisory body of specialised jurists inFiqh al-mua’malat (Islamic commercial jurisprudence);
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Shariah Supervisory Board means a board constituted by a takaful operator for its takaful business and;
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Shariah Supervisory Board means the board of Shariah scholars furnished by Shariah Capital Inc.
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Shariah Supervisory Board means the highest Shariah supervisory body for Maisarah, comprising of eminent religious scholars appointed by Maisarah’s general assembly of shareholders to direct and monitor Maisarah’s activities to ensure they comply with the Islamic Shariah rules and principles;
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Shariah Supervisory Board means Shariah Supervisory Board of the Bank.
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Related to Shariah Supervisory Board

  • Supervisory Board means the individual or group of individuals that

  • Advisory Board means the Long-Term Care Facility Advisory Board;

  • Supervisory Committee means the Comisión Fiscalizadora of the Company.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • Banning Committee means a Committee constituted for the purpose of these guidelines by the competent authority. The members of this Committee shall not, at any stage, be connected with the tendering process under reference.

  • Operating Committee means the Operating Committee of Epoch which meets frequently and is responsible for implementing the Company’s strategy, making operational decisions and overseeing the day-to-day running of the Company.

  • Technical Committee means the body established in accordance with article VII;

  • Management Board means the management board of the Company.

  • Advisory Board Member means a member of an “Advisory Board” as defined in Section 2(a)(1) of the 1940 Act.

  • OPSI Advisory Committee means the committee established under Tariff, Attachment M, section III.G.

  • Board of Supervisors means the Board of Supervisors of the County.

  • Network Operating Committee means a group made up of representatives from the Network Customer(s) and the Transmission Provider established to coordinate operating criteria and other technical considerations required for implementation of Network Integration Transmission Service under Tariff, Part III.

  • Remuneration Committee means the remuneration committee of the Company;

  • Advisory Committee means the Employer's Advisory Committee as from time to time constituted.

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • Independent Board Committee means the independent board committee of the Company

  • Technical Advisory Committee means a committee established under section 12;

  • Ethics Committee means an independent body established in a Member State in accordance with the law of that Member State and empowered to give opinions for the purposes of this Regulation, taking into account the views of laypersons, in particular patients or patients' organisations;

  • Regional Committee means the regional committee on school

  • Managing Committee means the individual or the body of individuals entrusted or charged with the management and administration of a private educational institution and where a society, trust, or an association manages more than one such institution, includes the managing committee of each such institution;

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

  • Coordination Committee means the jointly constituted PJM and NYISO committee established to administer the terms and provisions of this Agreement pursuant to Section 35.3.2.

  • Screening Committee means the State level Screening Committee constituted in terms of sub-rule (2) of rule 123 of these rules.

  • Development Committee shall have the meaning set forth in Section 3.4.1.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 116;

  • Oversight Committee means the committee established to monitor the overall implementation of the Canada-Ontario-AMO-Toronto Agreement.