What is King III? We hear a lot about King III in the press today, but just What is King III? KING III is arguably the worldâs leading corporate governance standard KING III is the term used to refer to both âThe King Report on Corporate Governance for South Africa (The Institute of Directors in Southern Africa) September 2009â and âThe King Code on Corporate Governance for South Africa (The Institute of Directors in Southern Africa) September 2009â.
Clearly, the imamah does not mean any type of guidance; it is a guidance, which emanates from the command of Allah. And the reality of that command is described in these words: His command, when He intends anything, is only that He says to it: Be, and it is.
Shia Islam is based on the Quran and the message of the Islamic prophet Muhammad attested in hadith recorded by the Shia, and certain books deemed sacred to the Shia (Nahj al-Balagha). Shia consider Ali to have been divinely appointed as the successor to Muhammad, and as the first Imam.hia Islam primarily contrasts with Sunni Islam, whose adherents believe that Muhammad's father-in-law Abu Bakr, not Ali ibn Abi Talib, was his proper successor.