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  • IFR 3.2 IFR 3.2 Constitution of an Islamic Financial Institution

    • IFR 3.2.1 IFR 3.2.1

      An Authorised Person which is an Islamic Financial Institution must ensure that its constitutional documents state that its entire business will be conducted in accordance with Shari'a.

      Derived from DFSA RM69/2010 (Made 1st March 2010). [VER1/03-10]

      • IFR 3.2.1 Guidance

        Article 10 of the Law Regulating Islamic Financial Business 2004 provides that an Islamic Financial Institution is an Authorised Person whose entire business is conducted in accordance with Shari'a.

        Derived from DFSA RM69/2010 (Made 1st March 2010). [VER1/03-10]