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AU-1.1.25

Past version: effective from Jul 1 2007 - Sep 30 2012.
To view other versions open the versions tab on the right.

Investment firm licenseesG (whether conventional 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).

Amended: July 2007
 Versions
(3 Versions)
 
Up to Jun 30 2007Jul 1 2007 - Sep 30 2012Oct 1 2012 onwards
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