Shariah Advisory Board definition

Shariah Advisory Board means a board of Shariah Advisors acting collectively on all matters pertaining to the Scheme.
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Shariah Advisory Board means the Shariah Advisory Board constituted by the Commission;
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Shariah Advisory Board or “Shariah Board” or “Board” means either an Islamic financial institution, a body of Islamic scholars or individuals appointed by the Management Company with the approval of the SECP, having knowledge of Islamic finance, to supervise and monitor the activities of the Scheme and to ensure that all its activities comply with Shariah.
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Examples of Shariah Advisory Board in a sentence

  • In case of any dispute between the Shariah Advisor and the management, the matter may be referred to Shariah Advisory Board (“SAB”) of SECP for resolution.

  • All activities of the Fund are undertaken in accordance with the Islamic Shariah as per the guidelines given by Shariah Advisory Board of the Fund.

  • The fund operates under the expert guidance of a renowned Shariah Advisory Board which includes Mr. Hassan Kaleem and Mr. Najeeb Khan.

  • In case of any conflict with the requirements of Shariah, the matter may be referred to the Shariah Advisory Board of SECP for decision.

  • The Fund operates under the expert guidance of a renowned Shariah Advisory Board which includes Mr. Hassan Kaleem, Mr. Najeeb Khan and Mr. Azfer Iqbal.

  • In case of any dispute between the SSB including the Shariah Advisor and the management, the matter may be referred to Shariah Advisory Board (“SAB”) of SECP for resolution.

  • The Securities Commission Malaysia (Malaysia’s Shariah Advisory Board) must then approve all Islamic investment products before they are offered to the marketplace, whether in Malaysia or around the world.

  • Management Company, has appointed Shariah Advisory Board comprising Mufti Atta Ullah and Mufti Javed Ahmed as the Shari’ah Advisor for the Fund.

  • In case of any dispute between the Shariah Advisor and the management company, the matter may be referred to Shariah Advisory Board (“SAB”) of SECP for resolution.

  • This represents tithes payable by the Group to comply with the principles of Shariah and as approved by the Shariah Advisory Board.


More Definitions of Shariah Advisory Board

Shariah Advisory Board means an institution or a body, having knowledge of Islamic Law to supervise and monitor the activities of the Fund and to certify that all its activities comply with Shariah law. The duties and responsibilities of Shariah Advisory Board are as follows:
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Shariah Advisory Board means a collective body of Shariah Advisors appointed by the Management Company (with the approval of the SECP) to supervise and monitor the activities of the Scheme and to ensure that all its activities comply with Shariah.
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Shariah Advisory Board means either an Islamic financial institution, a body of Islamic scholars or an individual appointed by the Management Company, under intimation to the Trustee, having knowledge of Islamic finance, to supervise and monitor the activities of the Scheme and to ensure that all its activities comply with Shariah.
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Related to Shariah Advisory Board

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

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

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

  • Medical Advisory Committee means the Medical Advisory Committee established by the Board as required by the Public Hospitals Act;

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

  • Supervisory Board means the Supervisory Board of the Company.

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

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

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

  • Special Committee means a committee of the Board of Managers of the Company comprised of two individuals, each of whom qualifies as an Independent Manager.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • 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.

  • Independent Board Member means a trustee of the Fund who is neither an “interested person” of the Fund as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended, nor a party to the Proceeding with respect to which indemnification or advances are sought.

  • Management Board means the management board of the Company.

  • Managing Committee means the managing committee entrusted with the management of a trade union;

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

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • OH&S Committee is referred to hereafter, read “body nominated to implement policy on site”.

  • Joint Development Committee or “JDC” has the meaning set forth in Section 3.10.

  • Coordinating Committee means the committee designated and elected as provided in section 16d in connection with a township consolidation.

  • Independent Committee means a committee of the board of directors of the General Partner made up of directors that are “independent” of Brookfield and its Affiliates, as contemplated by applicable securities Laws;

  • Joint Committee means the Joint Committee established by Article 164(1) of the withdrawal agreement;

  • joint board means the Townsville-Thuringowa Water Supply Joint Board.

  • Advisory body means any board, commission, committee, council, or authority, however selected, whose total budget, appropriations, or authorized expenditures constitute less than 1 percent of the budget of each agency it serves or $100,000, whichever is less, and whose powers, jurisdiction, and authority are solely advisory and do not include the final determination or adjudication of any personal or property rights, duties, or obligations, other than those relating to its internal operations.

  • 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.

  • Sub-Committee means a committee of a committee created by the board.