IFR 6.1.2 Guidance
1. Article 38 of the Collective Investment Law 2010 requires the
Fund Manager to establish and maintain systems and controls, including, but not limited, to financial and risk controls to ensure sound management of the Fund in accordance with the Fund's Constitution and its most recent Prospectus, taking due account of the nature, scale and complexity of the Fund's investments and operations.
2. IFR Rule 3.3.1 requires a
Fund Manager of Islamic Funds to establish and maintain systems and controls to ensure its Shari'a compliance.
[Added] DFSA RM72/2010 (Made 11th July 2010). [VER2/07-10]