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.
These schools of thougt roughly came about 200 years after the hijra and basically a sunni is someone who who follows the Quran and the sunna as taught by one of these four schools of thoughts. The shia school of thought is the school of thought of certain members of the Prophet (saw)'s family, the first being Ali. The word shia means follower and can be found in the Quran when it talks about the shia of Abraham (saw). In the context islakc groups th word shias means follower of Ali.