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Islamic banking and finance has its own products and services that differ from conventional banking. [ 1][ 2] These include Mudharabah ( profit sharing ), Wadiah (safekeeping), Musharakah ( joint venture ), Murabahah (cost plus finance), Ijar ( leasing ), Hawala (an international fund transfer system), Takaful (Islamic insurance), and Sukuk ...
the law of the country in which an action is brought out lex lata: the carried law The law as it has been enacted. lex loci: the law of the place The law of the country, state, or locality where the matter under litigation took place. Usually used in contract law, to determine which laws govern the contract. / ˈ l ɛ k s ˈ l oʊ s aɪ / lex ...
Construction law is a branch of law that deals with matters relating to building construction, engineering, and related fields. It is in essence an amalgam of contract law, commercial law, planning law, employment law and tort. Construction law covers a wide range of legal issues including contract, negligence, bonds and bonding, guarantees and ...
Stone, Marble, Limestone. The Kaaba, [ b] sometimes referred to as al-Ka'ba al-Musharrafa, [ d] is a stone building at the center of Islam 's most important mosque and holiest site, the Masjid al-Haram in Mecca, Saudi Arabia. [ 2][ 3][ 4] It is considered by Muslims to be the Bayt Allah (Arabic: بَيْت ٱللَّٰه, lit.
L.Ed — Lawyers' Edition. L.Ed.2d — Lawyers 2nd Edition. LJ – Postnominals of a Lord or Lady Justice of Appeal (United Kingdom) LJJ – Postnominals of Lords or Ladies Justice of Appeal, plural (United Kingdom) LL.B. – Legum Baccalaureus — Bachelor of Laws. LLC — Limited liability company. LL.D. – Legum Doctor — Doctor of Law.
Ex gratia ( / ˌɛks ˈɡreɪʃ ( i) ə /; [ 1] also spelled ex-gratia) is Latin for "by favour", and is most often used in a legal context. When something has been done ex gratia, it has been done voluntarily, out of kindness or grace. In law, an ex gratia payment is a payment made without the giver recognising any liability or legal obligation.
The Indian Contract Act, 1872[ 1] prescribes the law relating to contracts in India and is the key act regulating Indian contract law. The Act is based on the principles of English Common Law. It is applicable to all the states of India. It determines the circumstances in which promises made by the parties to a contract shall be legally binding.
Lead position ends. 26 October 2024. Supreme Court of Pakistan Building, Islamabad. The Supreme Court of Pakistan ( Urdu: عدالتِ عظمیٰ پاکستان; Adālat-e-Uzma Pākistān) is the apex court in the judicial hierarchy of the Islamic Republic of Pakistan.