INMA 1.1.3A Declaration of activities as regulated activities

(1) For FSR, article 23 (2), each of the following activities is a regulated activity:
(a) dealing (as agent) in Islamic investments;

Note Buying, selling, subscribing for or underwriting any Islamic investment as principal is covered by IBANK.
(b) arranging deals in Islamic investments;
(c) arranging Shari'a-compliant financing facilities;
(d) providing custody services in relation to Islamic investments;
(e) arranging the provision of custody services in relation to Islamic investments;
(f) managing Islamic investments;
(g) advising on Islamic investments.
(2) Islamic investments means investments through any 1 or more of the following kinds of Islamic financial contracts mentioned in IBANK, rule 1.1.6 (b):
(a) musharakah and its variations;
(b) mudarabah and its variations;
(c) any other Islamic financial contract that is recognised by the firm's Shari'a supervisory board.
Inserted by QFCRA RM/2015-3 (as from 1st January 2016).