CmaBylaw
Executive Bylaws
11-22 Government-Issued Sukuk Of Module Eleven: Dealing in Securities
Section: Chapter Eleven: Sukuk Regulations
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Tuesday, 14 February 2017
The provisions of the relevant laws and decrees and their executive resolution shall apply to government Sukuk. The provision stipulated in this Module shall apply to government Sukuk as long as these provisions do not conflict with such decrees and amendments thereof. In the event of issuance of government Sukuk by a Special Purpose Vehicle Company, the entity authorized by the Minister of Finance shall found the said company, which shall be subject to the provisions stated in its memorandum of association; and the provisions of this Module shall apply to the matters not dealt with in the said memorandum.
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