Shariah definition

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.

Shariah or “Islamic Shariah” means divine guidance as given by the Holy Quran and the Sunnah of Prophet Muhammad (Peace Be Upon Him) and embodies all aspects of the Islamic Faith, beliefs, practices, rules and principles;

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 of Shariah.

Examples of Shariah in a sentence

• Based on a thorough review of existing literature, it is noted here that Shariah compliant agriculture financing is not without limitations.

• This article also examines current models of Islamic agriculture financing and the literature review shows that the existing Shariah compliant agriculture financing modes are without limitations.

• In 2014, a Kenyan Takaful company launched Index-Based Livestock, a Shariah compliant index product that provides cover against drought; however, two years after the launch, the company has been experiencing similar operational challenges and pressures from investors to the conventional insurance model (Xxxxxxx et al., 2018).

• Much of the agricultural insurance available in the market is not Shariah compliant and is thus inaccessible to Muslim pastoralists.

• This article reviews current models of Shariah compliant agriculture financing and discusses the potential of incorporating Takaful into Bay-Salam as a means to mitigate risk in financing agriculture.

More Definitions of Shariah

Shariah means Islamic laws relating to all aspects of human life established by God for His servants. The laws are divided into three i.e. those relating to belief (aqidah), those relating to deeds (fiqh) and those relating to ethics (akhlaq). In this meaning, Shariah is another word for Islam.

Shariah. Means the Shariah rulings, principles, parameters and decisions of Islamic law as interpreted, ascertained, determined or pronounced by the SAC and/or the Bank’s Shariah Committee respectively. Accordingly, for the purpose of this Agreement, “subject to Shariah”, “in accordance with Shariah” and “Shariah compliant” shall mean subject to, in accordance with and compliant to such rulings and decisions.

Shariah means the laws of Islam as recognised by ahlul Sunnah wal jama’ah;

Shariah means Islamic law comprising the whole body of rulings pertaining to human conducts derived from sources of the Shariah namely the Qur’an (the holy book of Islam) and Sunnah (practices and explanations rendered by the Prophet Muhammad (pbuh)) and other sources of Shariah such as Ijtihad (exertion of individual efforts to determine the true ruling of the divine law on matters whose revelations are not explicit) of Shariah scholars;

Shariah means Islamic law comprising the whole body of rulings pertaining to human conducts derived from sources of the Shariah;

Shariah means Islamic law and precepts as interpreted from time to time by theShariah Advisory Committee.

Shariah means Islamic law, originating from the Qur`an (the holy book of Islam), as well as practices and explanations rendered by the Prophet Muhammad ( pbuh ) and ijtihad of ulamak (personal effort by qualified Shariah scholars to determine the true ruling of the divine law in a subject matter on which the revelation is not explicit).