An authority, appointed by an Islamic financial institution, which supervises and ensures both the Shari'ah compliance of new product development and the operations is called ---

An authority, appointed by an Islamic financial institution, which supervises and ensures both the Shari'ah compliance of new product development and the operations is called --- Correct Answer Shariah Supervisory Board

Bissoy MCQ

Related Questions

An authority, appointed by an Islamic Financial institution, which supervises and ensures both the Shari'ah compliance of new product development and the operations is called___
Which of the statement on Islamic banking is incorrect? (A) Islamic banking is only for Muslims.(B) Islamic banking activity do not allow paying and receiving of interest. (C) Islamic banking promotes the principle of profit sharing between banking institution and depositor.
Which part of the Shariah covers the laws regarding financial and banking system?
Which of the following statements with regard to financial emergency in India is/are correct?
1. It is required to be approved by both the Houses of the Parliament within one month.
2. Once approved by both the Houses of the Parliament, it remains valid for six months.
3. Salary of any government official including the Supreme Court judges can be reduced during financial emergency.
4. During financial emergency, the executive authority of the Union shall extend to the giving of directions to any State to observe such, canons of financial propriety as may be specified in the directions.
Select the correct answer:
Which of the following statement (s) is/are true about the following eliminations? (1) Hoffmann product is major product in I (2) Saytzeff product is major product in I (3) Hoffmann product is major product in II (4) Saytzeffproduct is major product in II
Who among the following can be appointed as the authority to hear and decide any claims arising out of deductions form wages or delay in payment of wages under the Payment of Wages Act, 1936?
1. Any Commissioner for Employees Compensation Act
2. Any regional labour commissioner appointed by the Central Government
3. Any assistant labour commissioner appointed by the Central Government
4. Any assistant labour commissioner appointed by the State Government with atleast two years of experinece.
5. A Judge of a Civil Court.
Which of the following are a part of 'objective measurement' of food quality testing?
1. It measures overall quality of product.
2. There in no need to change existing product in case of new product development.
3. It includes all types of instrumental analysis.
4. The test results should be correlated with sensory testing of similar product.
5. The test must be appropriate for the food product being tested.
The Asian Development Bank has approved a $285 million loan to finance a project to construct coal ports by Paradip and Madras Port Trusts. Courses of Action: I. India should use financial assistance from other international financial organisations to develop such ports in other places. II. India should not seek such financial assistance from the international financial agencies.
Statement : The Asian Development Bank has approved a $285 million loan to finance a project to construct coal ports by Paradip and Madras Port Trusts.

Courses of Action :
I. India should use financial assistance from other international financial organisations to develop such ports in other places.
II. India should not seek such financial assistance from the international financial agencies.
OIC changed its name from Organization of the Islamic Conference to Organization of Islamic Cooperation in -