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Rule · DFSA · 5 Dec 2012 · RMI 106/2012

Islamic Finance Rules Rule-Making Instrument (No. 106) 2012

islamic-finance

The Board of the Dubai Financial Services Authority repeals and replaces the Islamic Finance Rules module IFR/VER5/12-12 with a new version identified as IFR/VER6/12-12. The instrument also includes guidance made by the Chief Executive under the Regulatory Law 2004. This rule-making instrument was made on 5 December 2012 and is conditional upon the enactment of the DIFC Laws Amendment Law 2012, coming into force on the same day as that law.

United Arab EmiratesDubai Financial Services Authority

RM106/2012 Islamic Finance Rules (IFR) Rule-Making Instrument (No. 106) 2012

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 5 December 2012 and is conditional upon the enactment of a law to be called "DIFC Laws Amendment Law 2012"; and this instrument shall come into force on the same day as that law.

Amendments to Modules:

(2) The Islamic Finance Rules (IFR) module – (IFR/VER5/12-12) is repealed and replaced by Appendix 1Appendix 1 to this instrument and may be identified by the following reference – (IFR/VER6/12-12).

Citation:

(3) This instrument may be cited as the Islamic Finance Rules Rule-making Instrument (No. 106) 2012.

(4) Appendix 1Appendix 1 to this instrument may be cited as the Islamic Finance Rules module or IFR.

By Order of the Board

Saeb Eigner ChairmanIan Johnston Chief Executive

5 December 2012
RM106/2012

Click here to view Appendix 1Appendix 1 in PDF format.

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Annotations and obligations
3 definitions
  • Definition / condition 3
  • background, boilerplate

Lineage: No known changes

RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

DIFC Laws Amendment Law 2012Not in RegAlertDIFC Laws Amendment Law 2012 — Not in RegAlertRegulatory Law 2004Not in RegAlertRegulatory Law 2004 — Not in RegAlertIslamic Finance RulesRule-Making Instrument (No. 1…2012-12-05 · this documentIslamic Finance Rules Rule-Making Instrument (No. 106) 2012 (2012-12-05)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (2)
Issued under
  • DIFC Laws Amendment Law 2012Not in RegAlert

    “This instrument is made on 5 December 2012 and is conditional upon the enactment of a law to be called DIFC Laws Amendment Law 2012”

  • 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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Source: Dubai Financial Services Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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