Rule · DFSA · 29 Jun 2022 · RMI 334/2022
The instrument repeals and replaces IFR module (IFR/VER18/10-21) with Appendix 1, identified as (IFR/VER19/11-22). It includes guidance made by the Chief Executive under the Regulatory Law 2004. The instrument was made on 29 June 2022 and comes into force on 1 November 2022.
ISLAMIC FINANCE RULES (IFR) RULE-MAKING INSTRUMENT (No. 334) 2022 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 29 June 2022 and shall come into force on 1 November 2022. Amendments to Modules:
(2) The Islamic Finance Rules (IFR) module – (IFR/VER18/10-21) is repealed and replaced by Appendix 1 to this instrument and may be identified by the following reference – (IFR/VER19/11-22). Citation (3) This instrument may be cited as the Islamic Finance Rules (No. 334) 2022. (4) Appendix 1 to this instrument may be cited as the Islamic Finance Rules or IFR. By Order of the Board Fadel Al Ali Christopher Calabia Chairman Chief Executive 29 June 2022 RMI 334/2022
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“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”
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