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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.
Publishing an Islamic book that is different from official Malaysian version, without permission, is a crime in some states. Other Sharia-based criminal laws were enacted with "Syariah Criminal Offences (Federal Territory) Act of 1997". [132] Muslims are bound by Sharia on personal matters, while members of other faiths follow civil law.
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).
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]
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 ...
The North Natuna Sea [1] (Indonesian: Laut Natuna Utara; Malay: Laot Natune Utare; Jawi script: لاوت ناتونا اوتارا) is a shallow body of water located north of Natuna Regency. Named by the Indonesian government in July 2017, Indonesia changed the northern part of its Exclusive Economic Zone in the South China Sea to the North ...
Coastal states have the right to harvest mineral and non-living material in the subsoil of their continental shelf, to the exclusion of others. Coastal states also have exclusive control over living resources "attached" to the continental shelf, but not to creatures living in the water column beyond the exclusive economic zone.