Following the ending of the consultation period on a number of proposed legislative changes, set out in Consultation Paper 66, the Board, after due consideration of consultees comments, approved the final version of amendments to the Rulebook as described below.

RM69/2010 Restructuring the DFSA’s Islamic Finance Rules  – Rules Instrument (No. 69) 2010

Amendments to Rulebook Module

(1) Authorized Market Institutions (AMI) — AMI/VER8/01-09 is amended in accordance with Appendix 1 to this instrument and the module as amended by this instrument may be identified by the following reference — AMI/VER9/03-10.

(2) Collective Investment Rules (CIR) — CIR/VER11/01-10 is amended in accordance with Appendix 2 to this instrument and the module as amended by this instrument may be identified by the following reference — CIR/VER12/03-10.

(3) Conduct of Business Module (COB) — COB/VER17/01-10 is amended in accordance with Appendix 3 to this instrument and the module as amended by this instrument may be identified by the following reference — COB/VER18/03-10.

(4) General Module (GEN) — GEN/VER24/01-10 is amended in accordance with Appendix 4 to this instrument and the module as amended by this instrument may be identified by the following reference — GEN/VER25/03-10.

(5) Prudential — Investment, Insurance Intermediation and Banking Module (PIB) — PIB/VER15/01-10 is amended in accordance with Appendix 5 to this instrument and the module as amended by this instrument may be identified by the following reference — PIB/VER16/03-10.

(6) Offered Securities Rules (OSR) — OSR/VER13/01-09 is amended in accordance with Appendix 6 to this instrument and the module as amended by this instrument may be identified by the following reference — OSR/VER14/03-10.

(7) Islamic Financial Business Module (ISF) — ISF/VER2/07-08 is discontinued and replaced by the Islamic Finance Rules (IFR). The replacement Module IFR contains all the provisions that were originally set out in ISF.