CmaBylaw
Executive Bylaws
2-2-3 Of Module Five: Securities Activities and Registered Persons
Section: Chapter Two: Reviewing the Accounts of Licensed Persons, the Sharia Supervisory System for Persons Licensed to Operate in accordance with Islamic Sharia
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Sunday, 05 February 2017
Those who were licensed to operate in accordance with Islamic Sharia shall fulfil the following conditions: 1. To comply with the conditions and regulations and all Sharia provisions that may be approved by the Authority. 2. To have a code of ethics in accordance with the provisions and principles of the Islamic Sharia 3. The internal regulations, contracts, agreements and forms they use, the products they provide and the tools they issue shall be in accordance with the provisions of Islamic Sharia.
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