MKT 6.2.1

(1) A Person may have the Units of a Fund admitted to an Official List of Securities only if:

(a) in the case of a Domestic Fund, it is a Public Fund; and
(b) in the case of a Foreign Fund:
(i) it is a Designated Fund from a Recognised Jurisdiction; or
(ii) it is a Fund approved by the DFSA as a Fund subject to equivalent regulation as that applying to a Public Fund; and
and it meets the relevant criteria in (2) as applicable.

(2) The relevant criteria for the purposes of (1)(b) are:

(a) in the case of a fund that meets the criteria of a Property Fund, it is a closed-ended investment vehicle and 60% or more of the Fund's assets comprise Real Property;
(b) in the case of a fund that is referred to in its offer documents as an "Exchange Traded Fund" or "ETF", it complies with CIR Rule 3.1.12; and
(c) in the case of a fund that is referred to in its offer documents as an "Islamic Exchange Traded Fund" or "Islamic ETF", it complies with IFR Rule 6.13.1(2).
Derived from RM81/2011 (Made 30th November 2011). [VER1/11-11]
[Amended] DFSA RM120/2013 (Made 14th July 2013). [VER4/07-13]
[Amended] DFSA RM219/2018 (Made 22nd February 2018). [VER13/12-18]