CmaBylaw
Executive Bylaws
11-52 Of Module Eleven: Dealing in Securities
Section: Chapter Eleven: Sukuk Regulations
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Tuesday, 14 February 2017
Having acquired the Authority’s approval, the Issuer may purchase or hold Asset-Backed Sukuk which it is the Originator thereof. The Originator shall sell or waive such Sukuk or any surplus of a specified percentage of the total value of such Sukuk within the period set by the Authority upon approval.
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