CmaBoardReleases
Title: Resolution No. (148) of 2022 Regarding Cancelling the License of Al-Aman Islamic Fund and Cancelling its Registration from the CMA Registers
Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and
- The request of the Fund’s liquidator to cancel the Fund’s license, and to cancel its registration from the Funds Register at the CMA; and
- Based on Resolution No. (141) of 2022 regarding amending the approval authorizations of the Supervision Sector’s procedures issued on 04/09/2022.
The Following Was Resolved
Article (1)
The license of Al-Aman Islamic Fund is hereby cancelled, and its registration is hereby cancelled from the Funds Register at the CMA.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Zeyad Al-Fulaij
Head of Supervision Sector
Issued on: 27/09/2022