Entire Section
Application and Interpretation
IFR 5.4.1
(1) This section applies when calculatingCredit Risk orMarket Risk in respect ofIslamic Contracts invested in or held by anAuthorised Firm Managing a PSIA , which is anUnrestricted PSIA .(2) In (1), theIslamic Contracts referred to are contracts which are funded by thePSIA .(3) In this section, the term "investing in or holding Islamic Contracts" means investing in or holding as a principal.Derived from DFSA RM69/2010 (Made 1st March 2010). [VER1/03-10]
[Amended] DFSA RM115/2012 (Made 15th October 2012). [VER5/12-12]