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Rule · BSEC · 20 Mar 2023

Amendment to the Bangladesh Securities and Exchange Commission (Securities Market Shari’ah Advisory Council) Rules, 2022

islamic-finance

The document amends the Bangladesh Securities and Exchange Commission (Securities Market Shari’ah Advisory Council) Rules, 2022, by inserting new provisions into specific rules regarding the composition, qualifications, and operational procedures of the Council. Key changes include defining the eligibility criteria for members, such as requiring them to be experts in Islamic finance or Shariah law, and establishing procedures for the appointment and removal of Council members. The amendments also specify the quorum requirements for Council meetings and outline the process for resolving disputes or differences of opinion among members, ensuring that decisions are made in accordance with Shariah principles.

BangladeshBangladesh Securities and Exchange Commission

Registered No. D.A.-1
Bangladesh Gazette
Extraordinary Issue
Published by Authority
Monday, April 10, 2023
[ Notifications and Notices issued by Private Individuals and Corporations in Exchange for Other Consideration ]

Amendment to the Bangladesh Securities and Exchange Commission (Securities Market Shari’ah Advisory Council) Rules, 2022.

Order No: 20 Shapon 2023
Order No. 25.108/2009-193/56/Office/142.

Whereas, under Section 33 of the Bangladesh Securities and Exchange Commission Act, 1969 (Bangladesh Act No. 1 of 1969), the Bangladesh Securities and Exchange Commission has the power to make rules for the efficient conduct of its affairs, including the constitution of the Securities Market Shari’ah Advisory Council (hereinafter referred to as the

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Lineage: In force

Act No. 1 of 1969Act No. 1 of 1969Amendment to the BangladeshSecurities and Exchange Commi…2023-03-20 · this documentAmendment to the Bangladesh Securities and Exchange Commission (Securities Market Shari’ah Advisory Council) Rules, 2022 (2023-03-20)
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