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  • IFR App 1 Prospectus Disclosures for Islamic Funds

    • IFR A1.1 Shari'a Approval Process Statement for Offers of Domestic Funds from the DIFC

      • IFR A1.1.1

        In respect of the UnitsG of an Islamic FundG which are to be offered to prospective UnitholdersG in Malaysia, a Fund ManagerG must ensure that the ProspectusG set out in a prominent position the following statement:

        "The Shari'a approval process which relates to this Fund has been carried out in accordance with the legislation applicable in the Dubai International Finance Centre (DIFC)".
        Derived from DFSA RM69/2010 (Made 1st March 2010). [VER1/03-10]
        [Amended] DFSA RM72/2010 (Made 11th July 2010). [VER2/07-10]

    • IFR A1.2 Shari'a Approval Process Statement for Offers of Foreign Funds in or from the DIFC

      • IFR A1.2.1

        In respect of an Islamic FundG which is a FundG domiciled in Malaysia and which is a Designated FundG , an Authorised FirmG must ensure that the ProspectusG contains in a prominent position or has attached to it the following statement:

        "This Prospectus relates to an Islamic Fund, the Shari'a approval process of which is regulated by the Securities Commission of Malaysia."
        Derived from DFSA RM69/2010 (Made 1st March 2010). [VER1/03-10]