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IFR 3.5.1 Guidance

For the purposes of IFR Rule 3.5.1, an Authorised Person should consider the previous experience and qualifications of the proposed Shari'a Supervisory Board members to assess whether the proposed Shari'a Supervisory Board member is competent to advise on the Islamic Financial Business to be undertaken by the Authorised Person.

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