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Bank Indonesia also eased minimum down payment requirements for shariah home financing.
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The penalties were provided for under new sections of Brunei's shariah penal code.
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Under shariah law, conversion to Christianity is punishable by death.
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The firm will have its own shariah supervisory board.
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Dubai Islamic Bank, the emirate's biggest shariah-compliant lender, declined 1.2 percent.
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Shocking reports of public amputations in rebel-held northern Mali as tough shariah Islamic law is imposed will persuade many French voters the intervention was just.
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BCA president director Jahja Setiaadtmadja that the government was expected to appoint seven regular banks including four state-controlled lenders as well as two shariah banks.
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It would also be used to finance Shariah-compliant working capital requirements.
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It provides a range of banking services as well as Shariah approved products.
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Shariah law also prohibits interest, because loans should be charitable acts.
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Additionally, it also offers Shariah compliant (non-interest based) banking products and services.
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But in his zeal for Shariah, Ibn Taymiyah attacked Kalam, Falsafah and even Asherism.
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The Shariah should provide them with a clear, logical answer to their practical religious problems.
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Shariah The Islamic Holy Law, based on the Koran and the hadith (q.v.
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Besides conventional banking, it also offers Shariah-compliant banking services through its subsidiary, PT Bank BRISyariah.
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Besides conventional banking, it also offers Shariah-compliant banking services.