RegAlertRule · DFSA · 16 Dec 2020 · RMI 290/2020
Islamic Finance Rules (IFR) Rule-Making Instrument (No. 290) 2020
The Board of the Dubai Financial Services Authority repeals the Islamic Finance Rules module IFR/VER15/04-20 and replaces it with Appendix 1, which is identified by the reference IFR/VER16/02-21. The instrument was made on 16 December 2020 and came into force on 1 February 2021. Appendix 1 also contains guidance made by the Chief Executive under the Regulatory Law 2004.
ISLAMIC FINANCE RULES (IFR) RULE-MAKING INSTRUMENT (No. 290) 2020 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 16 December 2020 and shall come into force on 1 February 2021. Amendments to Modules:
(2) The Islamic Finance Rules (IFR) module – (IFR/VER15/04-20) is repealed and replaced by Appendix 1 to this instrument and may be identified by the following reference – (IFR/VER16/02-21). Citation (3) This instrument may be cited as the Islamic Finance Rules (No. 290) 2020. (4) Appendix 1 to this instrument may be cited as the Islamic Finance Rules or IFR. By Order of the Board Saeb Eigner Bryan Stirewalt Chairman Chief Executive 16 December 2020 RMI 290/2020
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- Definition / condition 3
- background, boilerplate
Lineage: No known changes
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The links and the sentences they come from (2)
- Supersedes
- Regulation of 2020Not in RegAlert
“The Islamic Finance Rules (IFR) module – (IFR/VER15/04-20) is repealed and replaced by Appendix 1 to this instrument”
- Issued under
- Regulatory Law 2004Not in RegAlert
“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”
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