CmaBylaw
Executive Bylaws
11-88 Of Module Eleven: Dealing in Securities
Section: Chapter Eleven: Sukuk Regulations
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Tuesday, 14 February 2017
Upon the end of the Trust Document, the Sukuk Assets shall be liquidated and the liquidation proceeds shall be used to perform the Issuer’s obligations towards Sukukholders unless the Trust Document states otherwise, provided that the remaining part of the liquidation proceeds shall be used as specified by the Authority.
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