Islamic securities definition

Islamic securities means securities which are in accordance with Shariah;
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Islamic securities. : means collectively, the ICPs and the IMTNs issued
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Islamic securities means Islamic securities which adopt Shari’aprinciples approved by the Securities Commission or Labuan Offshore Financial Services Authority.
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Examples of Islamic securities in a sentence

  • Islamic banking refers generally to the acceptance of deposits, granting of financing and dealing in Islamic securities under the Shariah principles.

  • Islamic banking refers generally to the acceptance of deposits, granting of financing and dealing in Islamic securities under Shariah principles.

  • Islamic banking business refers generally to the acceptance of deposits, dealing in Islamic securities, granting of financing, capital market and treasury activities under the Shariah Principles.

  • He is a registered Shariah advisor for the Islamic Unit Trust Schemes and Islamic securities (Sukuk), Securities Commission of Malaysia.

  • Annex 3 of the Handbook on Securities Statistics5 published by the Bank for International Settlements (BIS), European Central Bank and IMF addresses the treatment of Islamic securities including the classification of Islamic debt securities in existing international statistical standards such as the 2008 SNA.

  • He is also a registered Shariah advisor for the Islamic Unit Trust Schemes and Islamic securities (Sukuk), Securities Commission of Malaysia.

  • And hence qualifies as Master Sub-fund.With a view to enhancing the value of its assets in the medium/long term, the Sub-fund shall normally invest in "Sukuk" Islamic securities instruments (floating-rate, fixed-rate, index-linked, subordinated and convertible securities), among others government and/or supranational securities, emerging credit instruments, corporate securities and/or convertible securities compliant with Sharia principles.

  • Although the Sukuk Musharakah are Islamic securities which do not pay interest, they are similar to fixed income securities and may therefore see their price fluctuate due to fluctuations in interest rates.

  • This lack of an EU wide arrangement reduces the effectiveness of controls applied under the 1991 Money Laundering Directive.

  • Enhance and innovative development is needed for the various investment products and opportunities to identify the benefits of enhanced property portfolio diversification and compliance to regulation necessary for holding of the Islamic securities.


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;
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Related to Islamic securities

  • Approved Securities means securities of any State Government or of the Central Government and such bonds, both the principal whereof and the interest whereon shall have been fully and unconditionally guaranteed by any such Government;

  • CHESS Approved Securities means securities of the Company for which CHESS approval has been given in accordance with the ASX Settlement Operating Rules;

  • Securities as used herein does not include (i) securities of issuers that are affiliated with the Buyer or are part of the Buyer's Family of Investment Companies, (ii) securities issued or guaranteed by the U.S. or any instrumentality thereof, (iii) bank deposit notes and certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi) securities owned but subject to a repurchase agreement and (vii) currency, interest rate and commodity swaps.

  • Designated Securities means securities issued by an Insured, or by any Affiliated Entity, or by any Fund to which such Insured or any Affiliated Entity provides any services.

  • Foreign Securities include: securities issued and sold primarily outside the United States by a foreign government, a national of any foreign country or a corporation or other organization incorporated or organized under the laws of any foreign country and securities issued or guaranteed by the government of the United States or by any state or any political subdivision thereof or by any agency thereof or by any entity organized under the laws of the United States or of any state thereof which have been issued and sold primarily outside the United States.

  • Canadian securities legislation means the securities laws in force in each province and territory of Canada, all regulations, rules, orders and policies made thereunder and all multilateral and national instruments adopted by the Securities Regulatory Authorities in such jurisdictions;

  • relevant securities means Ordinary Shares and securities carrying conversion or subscription rights into Ordinary Shares;

  • Israeli Securities Law means the Israeli Securities Law, 5728-1968, as amended, and the regulations promulgated thereunder.

  • U.S. Securities Act means the United States Securities Act of 1933, as amended.