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Executive Bylaws - CMA

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Executive Bylaws

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  • February 17
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3-5-12 Of Module Five: Securities Activities and Registered Persons
Section: Chapter Three: Registered Persons
  • Sunday, 05 February 2017

    A partner in an External Sharia Auditing Office or any affiliate thereof shall not occupy the position of chairman or Member of a Board of Directors of the Licensed Person concerned. The above shall be applied to relatives of first of kin who supervise the management of the Licensed Person or its accounts.

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