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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Islamic Finance Rules (IFR) [VER13/12-18]
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(2 versions)
Mar 1 2010 - Jul 10 2010Jul 11 2010 onwards

IFR 6.2.3

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The definitive version of DFSA handbook text is the PDF version as that is the text of the instrument as made and published by the DFSA.

To view past versions of this module in PDF format, please visit the Archive.

(1) Subject to (2), the Fund ManagerG of a FundG must establish and retain, for six years, records of:
(a) its assessment of the competency of the Shari'a Supervisory BoardG members;
(b) the agreed terms of engagement of each member of the Shari'a Supervisory BoardG ; and
(c) the matters in Rules IFR 6.2.1(1)(c) and IFR 6.2.2.
(2) If the Fund ManagerG , pursuant to IFR Rule 6.2.1(2), appoints to the FundG the same Shari'a Supervisory BoardG it has appointed to the firm, the records required under IFR Rule 6.2.3(1) must be included in or otherwise form part of the records required under IFR Rule 3.5.3.
Derived from DFSA RM69/2010 (Made 1st March 2010). [VER1/03-10]
[Amended] DFSA RM72/2010 (Made 11th July 2010). [VER2/07-10]