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RM169/2016 Islamic Finance Rules Module (IFR) Rule-making Instrument (No. 169) 2016

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The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 23 of the Regulatory Law 2004, hereby make the Rules in the appendix to this instrument. The appendix to this instrument also contains the guidance made by the Chief Executive in the exercise of the powers conferred on him under the Regulatory Law 2004.

Commencement:

(1) This instrument is made on 10 February 2016 and shall come into force on 3 April 2016.

Amendments to Modules:

(2) The Islamic Finance Rules (IFR) module — (IFR/VER09/02-16) is repealed and replaced by Appendix 1Appendix 1 to this instrument and may be identified by the following reference — (IFR/VER10/04-16).

Citation:

(3) This instrument may be cited as the Islamic Finance Rules Rule-making Instrument (No.169) 2016.
(4) Appendix 1Appendix 1 to this instrument may be cited as the Islamic Finance Rules or IFR.

By Order of the Board

Saeb Eigner
Chairman
          Ian Johnston
Chief Executive

10 February 2016

RM169/2016