Examples of 'islamic credit' in a sentence
Meaning of "islamic credit"
This phrase refers to a financial system that operates in accordance with Islamic principles and values. It is used in the context of banking and finance to describe credit services and products that are compliant with Islamic law (Sharia). These services and products often avoid interest-based transactions and follow ethical banking practices
How to use "islamic credit" in a sentence
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islamic credit
Islamic credit institutions can not be reorganized to traditional credit institutions.
Tax authorities may inspect an Islamic credit institution regarding tax payment.
Islamic credit institutions shall not establish group structures that hinder effective supervision.
Other government authorities are not authorized to audit activities of an Islamic credit institution.
An Islamic credit institution shall implement the following functions.
An audit firm shall assess professional and banking confidentiality requirements in an Islamic credit institution.
Chairman of the Islamic credit institution shall have the following powers.
Consumer behavior for Islamic credit cards.
Executives of the Islamic credit institution shall provide comprehensive support for the inspection.
Preliminary written conclusion of the target Islamic credit institution ;.
An Islamic credit institution must not distribute dividends to its shareholders from the net income.
Recruit and dismiss employees of the Islamic credit institution ;.
Islamic credit facility meets the standards of credit-worthiness required of other applicant customers ;.
Bear full responsibility for activities of the Islamic credit institution ;.
Operations of the Islamic credit institution are conducted in a risky or unsound manner ; or.
See also
Minimum authorized capital for newly established Islamic credit institutions ;.
Islamic credit or loan, including the Islamic credit or payment card.
Establishing and liquidating branches and representative offices of an Islamic credit institution ;.
An Islamic credit institution must not extend Islamic financing facility to related persons, if.
Request reports from the chief internal auditor of the Islamic credit institution ;.
Use of the equity of Islamic credit institutions to purchase shares of other legal entities ;.
Sign resolutions and minutes of meetings of the Board of the Islamic credit institution ;.
Islamic Credit facilitation for Start-Ups.
Issue binding orders and instructions for the employees of the Islamic credit institution ;.
Preside in meetings of the Board of the Islamic credit institution ;.
In addition to Islamic loans, there are Islamic bonds and Islamic credit cards.
A family member of traditional credit institution or an Islamic credit institution 's Supervisory Board member ;.
A Chairman or member of the Board of another traditional credit institution or Islamic credit institution ;.
A civil servant ( except for state Islamic credit institutions ) ;.
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