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As of 2014 there were 943 Islamic mutual funds worldwide and as of May 2015, they held $53.2 billion of assets under management. [220] Malaysia and Saudi Arabia dominate the sector with about 69% of total assets under management. [220]
As of 2015, $2.004 trillion in assets were being managed in a Sharia-compliant manner according to the State of the Global Islamic Economy Report. Of these $342 billion were sukuk . The market for Islamic Sukuk bonds in that year was made up of 2,354 sukuk issues, [ 89 ] and had become strong enough that several non-Muslim majority states ...
Maqasid (Arabic: مقاصد, lit. ' goals ' or ' purposes ') or maqāṣid al-sharīʿa (goals or objectives of sharia) is an Islamic legal doctrine.Together with another related classical doctrine, maṣlaḥa (lit.
BNI Syariah: The bank was founded on 29 April 2000 as a sharia banking unit of BNI. In 2010, it spun-off as a separate subsidiary. In 2010, it spun-off as a separate subsidiary. BRIsyariah : The bank was originally established on 3 July 1969 as Bank Djasa Arta (later spelled Bank Jasa Arta ) and headquartered in Bandung , West Java .
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 ...