IFR 6.12.1

CIR Rules 13.8.1(2) and (3) and 13.8.2 apply to a Fund Manager of an Islamic Fund that is a Money Market Fund as if a reference to:

(a) a Deposit or a Debenture includes an Islamic financial instrument or product with similar economic characteristics to a Deposit or a Debenture; and
(b) an interest rate reset date is, in relation to an Islamic financial instrument or product, a reference to the date on which the rate of profit of return for that instrument or product is reset.
[Added] RM160/2015 (Made 9th December 2015). [VER9/02-16]