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Ministerial Decision

Capital Market Authority: Decision 3/2016 regarding the Issuance of the Regulation Governing Sukuk

2016/3 3/2016

This item was repealed by CMA Decision E/21/2024.

Arabic

Based on the Capital Market Law promulgated by Royal Decree 80/98,

the Executive Regulation of the Capital Market Law issued by Decision 1/2009,

the decision of the Board of Directors of the Capital Market Authority,

and the approval of the Ministry of Finance,

and in pursuance of public interest,

it is hereby decided

Article I

The provisions of the attached regulation shall apply in regard to the governance of sukuk.

Article II

The executive president of the authority shall issue the forms and instructions necessary to implement the provisions of this regulation.

Article III

This decision shall be published in the Official Gazette, and comes into force on the day following the date of its publication.

Issued on: 27 Jumada Al-Thani 1437
Corresponding to: 5 April 2016

Yahya bin Said bin Abdullah Al-Jabri
Chairman of the Board of Directors of the Capital Market Authority

Published in Official Gazette 1142 issued on 10 April 2016.


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