Before 1966, North Carolina operated under a hybrid court. system with a supreme court (the appellate court) and a superior court (general jurisdiction trial court) funded by the state and uniform statewide. But lower courts were operated and funded by cities and. counties, and jurisdiction of the courts varied.
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In this case the issuer of the certificate is the seller of the Murabaha commodity, the subscribers are the buyers of that commodity, and the realised funds are the purchasing cost of the commodity.he negotiability of these Sukuk or their trading at the secondary market is not permitted by shariah, as the certificates represent a debt owing from the subsequent buyer of the Commodity to the certificate-holders and such trading amounts to trading in debt on a deferred basis, which will result in riba.