Shariah Compliant definition

Shariah Compliant means any activity that is in accordance with the Islamic Shariah as advised by the Shariah Advisor.
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Shariah Compliant means in conformity with Shariah principles as determined by the Shariah Committee of HLISB and as approved by the Shariah Advisory Council of Bank Negara Malaysia
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Shariah Compliant means any activity that is in accordance with Islamic Shariah;
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Examples of Shariah Compliant in a sentence

  • The Shariah Advisor shall provide technical guidance and support on various aspects of Shariah, so as to enable the Management Company to mould the Fund into a Shariah Compliant Investment.

  • As a Shariah Compliant investment solutions provider, Al Meezan Investments has kept up with expectations.

  • The balance in the credit of Shariah Compliant bank account, or similar account with a bank standing on the first day of Ramzan-ul-Mubarak will be subjected to Zakat deduction @ 2.5%.

  • The Scheme has been categorized as Shariah Compliant (Islamic) Income Scheme.

  • The investment policy of the Scheme shall select instruments from within the specified Shariah Compliant Authorized Investments and invest only in asset classes mentioned in the Offering Document.


More Definitions of Shariah Compliant

Shariah Compliant means any activity that is in accordance with the Islamic Shariah.
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Shariah Compliant means conformance to shariah principles in line with guidance, rulings and, where applicable, Fatwas by our Shariah Advisor;
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Shariah Compliant means any activity that is approved by the Shariah Advisory Board to be in accordance with the Islamic Shariah.
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Shariah Compliant means any activity that is in accordance with the Shariah.
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Shariah Compliant means an activity in compliance with Shariah rules and principal as interpreted by the Shariah Supervisory Board.
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Shariah Compliant means any activity that is approved by the Shariah Council to be in accordance with the Islamic Shariah.
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Shariah Compliant means any activity that is in accordance with the Islamic Shariah, as may be advised to the Pension Fund Manager by Shariah Advisor.
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