Regulatory AlertsDOC-2007-19 Extra-financial criteria for asset selection and application to funds declaring compliance with Islamic law
The French Autorité des Marchés Financiers (AMF) details the conditions under which UCITS and AIFs may use non-financial criteria to select investment assets. The document specifically illustrates the application of these criteria to funds declaring compliance with Islamic law (Shari'ah). It references specific articles of the Monetary and Financial Code and the General Regulation of the AMF as the legal basis for these requirements.
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