IBANK 13.1.2 Authorised Firms to Remain Authorised

(1) An entity that was an authorised firm immediately before 1 January 2016 continues to be an authorised firm in accordance with this rule.
(2) An Islamic financial institution that is a deposit-taker is taken to be an Islamic bank.
(3) An Islamic financial institution that is an Islamic financial manager is taken to be an Islamic bank.
(4) An Islamic financial institution that is an investment dealer is taken to be an Islamic investment dealer.
Derived from QFCRA RM/2015-2 (as from 1st January 2016).