Shariah Committee definition

Shariah Committee means the committee established by the Bank for the purposes of advising the Bank on all Shariah related matters pertaining to Islamic banking.
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Shariah Committee means a committee of renowned independent Shariah Scholars to supervise the Company’s commitment of the Company to the Shariah Principle.
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Shariah Committee means the Shariah Committee of RHB Islamic Bank;
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Examples of Shariah Committee in a sentence

  • For any amount due and payable to You which is less than the value of small contribution amount, We will donate such amount of money to charity as approved by Our Shariah Committee.

  • However, if You decide otherwise, You are required to submit a formal request to Us. The value of small contribution amount is subject to be approved by Our Shariah Committee.

  • The eligibility and amount of the surplus to be distributed will be based on the recommendation made by Our Signing Actuary and endorsed by Shariah Committee and Board of Directors.


More Definitions of Shariah Committee

Shariah Committee means the Shariah committee established under section 33F;
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Shariah Committee means the committee established by the Chargee pursuant to Section 30 of the IFSA for the purposes of advising the Chargee on all Shariah related matters pertaining to Islamic banking.
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Shariah Committee means the Shariah committee of an institution established pursuant to section 30;
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Shariah Committee means the Shari‟ah committee retained by the FundManager to advise on the interpretation of and determine compliance by the Fund with Islamic Shari‟ah, for the time being AlMashora and AlRaya for Islamic Financial Consultancy the initial members of which are Dr. Abdul-Aziz Khalifa Al-Qassar, Dr. Eissa Zaki Eissa and Dr. Ali Ibrahim Al-Rashed, as such committee may be constituted from time to time;
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Shariah Committee means the committee constituted by us to advice the operation of our takaful business in order to ensure compliance with the Shariah.
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Related to Shariah Committee

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

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

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

  • Managing Committee means the individual or the body of individuals entrusted or charged with the management and administration of a private educational institution and where a society, trust, or an association manages more than one such institution, includes the managing committee of each such institution;

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • Executive Committee means a group of directors elected or appointed to act on behalf of, and within the powers granted to them by, the Commission.

  • Steering Committee has the meaning set forth in Section 2.

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

  • Audit Committee or Committee means Committee of Board of Directors of the Company constituted under provisions of Listing agreement and Companies Act, 2013.

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