CmaBylaw
Executive Bylaws
2-18-5 Of Module Thirteen: Collective Investment Schemes
Section: Chapter Two: Funds
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Monday, 13 February 2017
An Internal Sharia Audit Unit shall ensure that the operations are carried out according to sharia by selectively examining some of the different daily transactions of the Fund; to ensure that the Fund’s transactions are abiding by Sharia Standards and by the relevant resolutions of the Authority.
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