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AU-1.1.25

Past version: effective up to Jun 30 2007.
To view other versions open the versions tab on the right.

Investment firms (whether conventional bank licenseeG or Islamic) may not accept Shari'a money placements or deposits. They may not enter into Shari'a financing contracts (except where it is an incidental part of assisting a client to buy, sell, subscribe for or underwrite a financial instrument). Finally, they may not offer Shari'a Profit Sharing Investment Accounts (whether restricted or unrestricted).

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