Shariah.sg Singapore Standard v1.0

{
  "fiqh_basis": "Fiqh al-Aqalliyyat",
  "cash_pct_max": 33,
  "cash_pct_enforced": false,
  "debt_pct_max_reit": 50,
  "regional_precedent": [
    "OJK Indonesia",
    "SC Malaysia"
  ],
  "debt_pct_max_general": 33,
  "income_non_halal_pct_max": 10,
  "haram_business_categories": [
    "conventional_banking",
    "conventional_insurance",
    "alcohol",
    "pork_products",
    "tobacco",
    "gambling",
    "adult_entertainment",
    "weapons"
  ]
}

Key deviations from AAOIFI/FTSE: (1) Income threshold raised from 5% to 10% (adopts OJK). (2) REIT debt threshold raised from 33% to 50% (aligns with MAS cap; asset-backed nature reduces gharar).