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Non-banking finance. Islamic non-banking finance has grown to encompass a wide range of services, but as of 2013, banking still dominates and represented about four-fifths of total assets in Islamic finance. [60] [44] The sukuk market is also a fast-growing segment with assets equivalent to about 15 percent of the industry.
In 2014, the provincial government of Aceh extended Sharia's reach to non-Muslims whose offenses also involve a Muslim. If a non-Muslim commits an offense covered by the secular criminal code, the non-Muslim may choose to be punished under either the secular national criminal code (KUHP) or under Aceh provincial Sharia Law. [108] [109]
By 2004, the strength of this belief (which is the basis of Islamic finance) [21] was demonstrated in Pakistan—when a minority (non-Muslim) member of the Pakistani parliament [Note 3] questioned it, pointing out that a scholar from Al-Azhar University, (one of the oldest Islamic Universities in the world), had issued a decree that bank ...
A copy of Undang-Undang Melaka displayed in the Royal Museum, Kuala Lumpur.. Undang-Undang Melaka (Malay for 'Law of Melaka', Jawi: اوندڠ٢ ملاک ), also known as Hukum Kanun Melaka, Undang-Undang Darat Melaka and Risalah Hukum Kanun, [1] was the legal code of Melaka Sultanate (1400–1511).
Syariah (Jawi: شرعية , the Malay spelling of "Sharia") refers to sharia law in Islamic religious law and deals with exclusively Islamic laws, having jurisdiction upon every Muslim in Malaysia. The Syariah Court system is one of the two separate court systems which exist in the general Malaysian legal system. There is a parallel ...
In Iran, diya for non-Muslim victims professing one of the faiths protected under the constitution (Jews, Christians, and Zoroastrians) was made equal to diya for Muslims in 2004, [255] though according to a 2006 US State Department report, the penal code still discriminates against other religious minorities and women. [256]
The official Indonesian Navy's history began on 10 September 1945, at the outset of the Indonesian National Revolution.The administration of the early Indonesian government established the People's Marine Security Agency (Badan Keamanan Rakyat Laut/BKR Laut) on 22 August 1945, the predecessor to the modern Indonesian Navy.
An activity involving a ship under Sea Toll Program. All ships under the program have "Tol Laut" (meaning Sea Toll) written on their hull. The Sea Toll Program (Indonesian: Tol Laut), sometimes called the Sea Highway Program, [1] is a program initiated by former Indonesian president Joko Widodo. Its aim is to reduce price disparity between the ...