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Title: Resolution No. (02) of 2019 Regarding Cancelling the License of Markaz MENA Islamic Fund and Cancelling its Registration from the Funds Register at the CMA
Date Publish 07 January 2019


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

- Based on 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 

- Resolution No. (149) of 2018 regarding amending the final approval of authorizations for the Supervision Sector’s procedures issued on 25/11/2018.   


The Following Was Resolved

Article (1)
The license of Markaz MENA Islamic Fund  is hereby cancelled, and it is removed 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
Acting Head of Supervision Sector

Issued on: 07/01/2019

Copy of the Official Document

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