(1) Subject to (2), the
Fund Manager of a Fund must document the Fund's policy in relation to:
(a) how appointments, dismissals or changes will be made to the
Shari'a Supervisory Board;
(b) the process through which the suitability of
Shari'a Supervisory Board members will be considered; and
(c) the remuneration of the members of the
Shari'a Supervisory Board.
(2) If the
Fund Manager, pursuant to IFR Rule 6.2.1(2), appoints to the Fund the same Shari'a Supervisory Board it has appointed to the firm, the documents required under IFR Rule 6.2.2(1) must be included in or otherwise form part of the records required under IFR Rule 3.5.2.