CmaBylaw
Executive Bylaws
11-50 Of Module Eleven: Dealing in Securities
Section: Chapter Eleven: Sukuk Regulations
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Tuesday, 14 February 2017
The Issuer shall take the form of a Special Purpose Vehicle Company and may add further assets to the assets forming the basis of Sukuk upon issue within the term of the Asset-Backed Sukuk. After acquiring the Authority’s approval, Issuer may issue different categories of the same Sukuk, provided that each category be supported with similar assets.
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