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APPLICATION OF ISLAMIC PRINCIPLES IN SHARIAH FUND MANAGEMENT 13th November 2014 KUALA LUMPUR Key Highlights: Understanding the Shariah principles relevant for Fund Management Review of Securities

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How to fill out application of Islamic principles?

1. Begin by studying and understanding the core principles of Islam, including the belief in one God (Allah), the importance of prayer (Salah), the act of giving to those in need (Zakat), the observation of fasting during Ramadan (Sawm), and the undertaking of a pilgrimage to Mecca (Hajj).
2. Incorporate these principles into your daily life by adhering to the teachings of the Quran and the Hadith (prophetic traditions). This includes practicing honesty, kindness, and compassion towards oneself and others, as well as striving for justice and fairness in all aspects of life.
3. Engage in regular prayer and supplication, dedicating specific times throughout the day to connect with God and seek guidance. This entails learning the proper methods of prayer, such as the purification rituals before Salah and the specific movements and recitations during the prayer.
4. Actively seek knowledge and deepen your understanding of Islamic principles through reading the Quran, studying the life of the Prophet Muhammad, and attending Islamic lectures and classes. This will help you apply these principles in a more meaningful and informed manner.
5. Surround yourself with a supportive community of fellow believers who also strive to live by Islamic principles. Engage in discussions, participate in community service activities, and seek guidance from knowledgeable individuals who can help you navigate challenges and provide support.
6. Continuously reflect on your actions and behaviors, assessing whether they align with the teachings and values of Islam. Strive for self-improvement and self-accountability by regularly evaluating your progress and seeking forgiveness for any shortcomings.

Who needs application of Islamic principles?

1. Muslims who are seeking to strengthen their faith and develop a closer relationship with Allah.
2. Non-Muslims who are interested in learning about and adopting Islamic principles in their daily lives.
3. Individuals who are facing moral or ethical dilemmas and are seeking guidance on how to make decisions in accordance with Islamic teachings.
4. Communities and societies that can benefit from the application of Islamic principles in promoting justice, equality, and harmony among people of diverse backgrounds.
5. Those who are interested in living a more meaningful and purposeful life, guided by the values of Islam.

In conclusion, anyone who desires to fill out an application of Islamic principles should embark on a journey of knowledge, practice, and self-reflection, with the aim of aligning their actions and behaviors with the teachings of Islam. This applies to Muslims and non-Muslims alike, as well as individuals, communities, and societies seeking guidance and inspiration in their pursuit of righteousness and justice.

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What is application of Islamic principles?

Application of Islamic principles involves applying the teachings and values of Islam to various aspects of life, such as business, personal conduct, and social interactions.

Who is required to file application of Islamic principles?

Individuals, businesses, organizations, and governments who wish to conduct their activities in accordance with Islamic principles may choose to file applications of Islamic principles.

How to fill out application of Islamic principles?

Filling out an application of Islamic principles typically involves outlining how the individual or entity plans to adhere to Islamic teachings and values in their practices.

What is the purpose of application of Islamic principles?

The purpose of filing an application of Islamic principles is to demonstrate a commitment to conducting activities in line with Islamic values, ethics, and guidelines.

What information must be reported on application of Islamic principles?

Information such as the specific Islamic principles being followed, how they will be implemented, and the potential impact on stakeholders may need to be included in the application.

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