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Shari'ah

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Shari'ah

Legal and moral code of Islam, systematized in the early centuries of the Muslim era (8th–9th century AD). It rests on four bases: the Qur'an; the sunna, as recorded in the Hadith; ijma, or agreement among scholars; and qiya, or analogical reasoning. Shari'ah differs fundamentally from Western law in that it purports to be grounded in divine revelation. Among modern Muslim countries, Saudi Arabia and Iran retain Shari'ah as the law of the land, in both civil and criminal proceedings, but the legal codes of most other Muslim countries combine elements of Islamic and Western law where necessary. Most Islamic fundamentalist groups insist that Muslim countries should be governed by Shari'ah.



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In addition to assurance, enterprise risk services (ERS), tax and consulting services for Islamic Institutions, Deloitte member firms advise clients on strategy, M&A transactions (including the provision of Shari'ah due diligence) and assist in corporate finance services for Shari'ah-compliant structures.
By Abdullah Boqus AaKUALA LUMPUR, Nov 22 (KUNA) -- Islamic scholars and economic experts praised assigning International Shari'ah Research Academy for Islamic Finance (ISRA) to establish a center to conduct research and professionally design Islamic products.
Summary: Based on the close of trading on September 22, the global Dow Jones Islamic Market Titans 100 Index, which measures the performance of 100 of the leading Shari'ah compliant stocks globally, gained 4.
 
 
 
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