Islamic Banking definition

Islamic Banking means banking products and services that are Shariah Compliant
View Source

Examples of Islamic Banking in a sentence

  • While FNB will at all times take all reasonable steps to ensure that FNB Islamic Banking products comply with the requirements as determined by the ▇▇▇▇▇'ah Advisory Committee, you are alone responsible for taking all necessary steps to satisfy yourself that FNB Islamic products are compliant.

  • All agreements for Islamic Banking products have been approved by FNB ▇▇▇▇▇’ah advisory Committee.

  • The Islamic Banking Unit known as ‘Al Adalah’ of COMMERCIAL BANK OF CEYLON PLC bearing Registration No. PQ 116, a banking company duly incorporated under the laws of the Democratic Socialist Republic of Sri Lanka and having its registered office at ▇▇.

  • Mashreqbank PSC and Mashreq Al Islami (Islamic Banking Division of Mashreqbank PSC) are licensed and regulated by the UAE Central Bank.

  • IDB also appointed PEBS to conduct a study on “Applied Stress Testing for Islamic Banking: Statistic and Artificial Intelligence Approach” in 2017.

  • The PIFI agrees that all income of general pool of assets shall be applied in deriving the profit to the mudarabah participants in the general pool including SBP and that the profit allocation would be according to “Instructions for Profit & Loss Distribution and Pool Management for Islamic Banking Institutions (IBIs)” issued vide IBD Circular No. 3 dated November 19, 2012, as amended from time to time.

  • Training and Development of Human Capital in Islamic Banking Industry.

  • Paper prepared for the Brunei Symposium on Islamic Banking and ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇.

  • I/We undertake to purchase the commodity(ies) as bought by the Bank from a commodity seller and enter into any transaction required by the Bank as per the Tawarruq concept used in Islamic Banking and as per the terms of this facility.

  • On 28 June 2013, Bank Negara Malaysia issued policy documents on Financial Reporting and Financial Reporting for Islamic Banking Institutions (“Policy Documents”) to replace the Guidelines on Financial Reporting for Banking Institutions and Guidelines on Financial Reporting for Islamic Banking Institutions (BNM/GP8-i) respectively.

Related to Islamic Banking

  • Digital Banking (a) means our present and future online banking services which can be accessed through 365 Online, Business Online, Bank of Ireland Mobile Banking, and services available on www.bankofireland.com; and

  • Mobile Banking means the banking services accessible from the Device you have registered with us for Mobile Banking.

  • Internet Banking means the service we offer by which you can access and transact on a nominated account by using a personal computer and accessing via our website. This includes transactions processed through the mobile banking facility as well as the smartphone app facility.

  • Telephone Banking means banking services available from time to time by telephone;

  • Online Banking is the internet-based service providing access to your Bank account(s);