Islamic securities definition
Islamic securities means securities which are in accordance with Shariah;
Islamic securities. : means collectively, the ICPs and the IMTNs issued
Islamic securities means Islamic securities which adopt Shari’aprinciples approved by the Securities Commission or Labuan Offshore Financial Services Authority.
Examples of Islamic securities in a sentence
According to Bank Indonesia’s rules, the productive asset is a fund investment carried out by shariāh banks in IDR (Indonesia Rupiah) and foreign currencies, receivables, Islamic securities, placements, capital participation, temporary capital participation, commitments, and expected fees on administration accounts and wadiah certificates.
More Definitions of Islamic securities
Islamic securities means Islamic securities which adopt the principles of mudharabah, musyarakah, ijarah or istisna’ approved by the Securities Commission;